SEC Form 4 · accession 0001140361-15-000255
ChyronHego Corp · CHYR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher R Kelly
Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 5, 2015 · 12:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000020232
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 2, 2015 | M | 16,308 | $0.00 | A | 2,336,129 | D | |
| Common StockF2 | holding | — | — | — | 187,016 | I | Owned by or in trust Kelly Children | |
| Common StockF3 | holding | — | — | — | 10,000 | I | Onwed by controlled foundation | |
| Common StockF4 | holding | — | — | — | 10,000 | I | Owned by controlled foundation |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5 | — | Jan 2, 2015 | M | 16,308 | D | Jan 2, 2015 | Jan 2, 2015 | Common Stock | 16,308 | 0 | D |
Explanation of responses
- F116.308 shares of Chyron common stock in Table I were acquired upon settlement of equivalent number of Restricted Stock Units (RSUs) reported in Table II. RSUs were awarded 1/2/2014 as partial compensation for Board Services through 1/2/2015.
- F2Includes shares beneficially held by Christopher R. Kelly as follows: 24,315 in Christopher R. Kelly's Children's Trust; 73,240 by his daughter, Oona Andrea Kelly; 64,840 by his daughter, Isabella Van Cortlandt Kelly; and 24,621 by his son, Marco Kelly.
- F3Shares owned by Kelly Foundation of Washington, under control of Christopher R. Kelly.
- F4Shares owned by Christopher R. Kelly Family Foundation, under control of Christopher R. Kelly.
- F5Each Restricted Stock Unit represents a contingent right to receive one share of ChyronHego common stock on its vesting date at a zero exercise price.