SEC Form 4 · accession 0001437749-15-004582
ChyronHego Corp · CHYR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dawn R. Johnston
Officer — Interim CFO
Period of report
Mar 9, 2015
Accepted (ET)
Mar 10, 2015 · 9:41 am EDT
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 | Mar 9, 2015 | S | 31,698 | $2.82 | D | 0 | D | |
| Common Stock | Mar 9, 2015 | S | 13,971 | $2.82 | D | 0 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F1 | $2.76 | Mar 9, 2015 | S | 8,334 | D | May 18, 2007 | Mar 9, 2015 | Common Stock | 8,334 | 0 | D |
| Stock OptionF2,F1 | $2.43 | Mar 9, 2015 | S | 8,334 | D | May 16, 2008 | Mar 9, 2015 | Common Stock | 8,334 | 0 | D |
| Stock OptionF3,F1 | $5.48 | Mar 9, 2015 | J | 20,000 | D | May 19, 2009 | Mar 9, 2015 | Common Stock | 20,000 | 0 | D |
| Stock OptionF2,F1 | $1.31 | Mar 9, 2015 | S | 20,000 | D | May 14, 2010 | Mar 9, 2015 | Common Stock | 20,000 | 0 | D |
| Stock OptionF2,F1 | $1.40 | Mar 9, 2015 | S | 23,000 | D | May 23, 2013 | Mar 9, 2015 | Common Stock | 23,000 | 0 | D |
Explanation of responses
- F1Vested over three years from grant date, which is one year prior to the exercisable date.
- F2The price equals $2.82 (the merger consideration) less the exercise price.
- F3These options were surrendered for no consideration pursuant to the Merger Agreement.