SEC Form 3 · accession 0001096906-18-000687
PASSUR Aerospace, Inc. · PSSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Franklin Thomas
Director
Period of report
Nov 26, 2018
Accepted (ET)
Dec 11, 2018 · 6:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000225628
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value of $0.01 per share | holding | — | — | — | 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 Option (right to buy)F1,F2 | $1.45 | holding | — | — | — | — | Nov 26, 2028 | Common Stock, par value of $0.01 per share | 80,000 | — | D |
Explanation of responses
- F1The stock options were granted in connection to the Reporting Person's service as a director and Vice Chairman of the Board of Directors under the Company's 2009 Stock Incentive Plan.
- F2The options vest in equal annual installments over a five-year period, with the first installment being exercisable on November 25, 2019.