SEC Form 4 · accession 0001437749-15-004586
ChyronHego Corp · CHYR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter F Frey
Director
Period of report
Mar 9, 2015
Accepted (ET)
Mar 10, 2015 · 9:44 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 | 261,776 | $2.82 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1,F2 | $5.87 | Mar 9, 2015 | J | 15,000 | D | Aug 31, 2008 | Mar 9, 2015 | Common Stock | 15,000 | 0 | D |
| Stock OptionF3,F4 | $1.30 | Mar 9, 2015 | S | 15,000 | D | Jul 31, 2009 | Mar 9, 2015 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1Vesting over a three year period from grant date, which is one month prior to the exercisable date.
- F2These options were surrendered for no consideration pursuant to the Merger Agreement.
- F3Vesting was immediate on grant date, which is the exercisable date.
- F4The price equals $2.82 (the merger consideration) less the exercise price.