SEC Form 4 · accession 0001096906-17-000226
PASSUR Aerospace, Inc. · PSSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt Joseph Ekert
Director
Period of report
Apr 5, 2017
Accepted (ET)
Apr 7, 2017 · 5:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000225628
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 Option (right to buy)F1,F2,F3 | $4.30 | Apr 5, 2017 | A | 30,000 | A | Apr 5, 2022 | Apr 5, 2027 | Common Stock Par Value $0.01 | 30,000 | 30,000 | D |
Explanation of responses
- F1The stock option was granted in connection to the Reporting Person's service as Chairman of the Compensation Committee of the Company's Board of Directors under the Company's 2009 Stock Incentive Plan, as amended.
- F2The exercise price equals the closing price on the day the stock option was granted, April 5, 2017.
- F3The option is exercisable in 5 equal annual installments, with the first installment being exercisable on April 5, 2018