SEC Form 4 · accession 0001144204-16-074661
PASSUR Aerospace, Inc. · PSSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Cole
Officer — SVP Research & Development
Period of report
Dec 28, 2015
Accepted (ET)
Jan 7, 2016 · 4:34 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 | Dec 28, 2015 | M | 20,000 | $0.52 | A | 165,382 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $0.52 | Dec 28, 2015 | M | 20,000 | D | — | Dec 29, 2015 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Options vest ratably over a three-year period in equal annual increments.