SEC Form 4 · accession 0000215419-15-000006
CHECKPOINT SYSTEMS INC · CKP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Farrokh Abadi
Officer — Pres. Shrink Mgmt Solutions
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 6:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000215419
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 22, 2015 | F | 291 | $13.49 | D | 522 | D | |
| Common StockF1 | Feb 27, 2015 | F | 661 | $13.5625 | D | 1,186 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $13.5625 | Feb 27, 2015 | A | 11,850 | A | Feb 27, 2016 | Feb 27, 2026 | Common Stock | 11,850 | 11,850 | D |
| Employee Stock Option (right to buy)F3 | $13.5625 | Feb 27, 2015 | A | 15,800 | A | Feb 27, 2018 | Feb 27, 2026 | Common Stock | 15,800 | 15,800 | D |
| Restricted Stock UnitF4,F5 | — | Feb 27, 2015 | A | 5,330 | A | Feb 27, 2016 | Feb 26, 2026 | Common Stock | 5,330 | 5,330 | D |
Explanation of responses
- F1Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation associated with the vesting of the restricted stock units on February 27, 2015.
- F2The stock option will vest in three equal installments beginning on February 27, 2016.
- F3The stock option will cliff vest on February 27, 2018.
- F4Each restricted stock unit represents a right to receive one share of CKP common stock.
- F5The Restricted Stock Units will vest in three equal installments beginning on February 27, 2016.