SEC Form 4 · accession 0001144204-17-011689
STG Group, Inc. · STGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles L. Cosgrove
Officer — Chief Financial Officer
Period of report
Feb 27, 2017
Accepted (ET)
Feb 28, 2017 · 4:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001583513
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | $5.00 | Feb 27, 2017 | A | 50,000 | A | Feb 27, 2017 | Dec 12, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The options will vest as follows: (i) 20% of the options are vested on the date of the award, and (ii) 20% of the options will vest on each of December 12, 2017, December 12, 2018, December 12, 2019, and December 12, 2020, subject on each vesting date to Mr. Cosgrove's continued service at the Company at such times.