SEC Form 3 · accession 0001144204-17-033957
PASSUR Aerospace, Inc. · PSSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P. Schumaecker
Director
Period of report
Jun 21, 2017
Accepted (ET)
Jun 26, 2017 · 12:36 pm EDT
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 | $3.70 | holding | — | — | — | — | Jun 21, 2027 | Common Stock | 30,000 | — | D |
Explanation of responses
- F1The stock option was granted in connection to the Reporting Person's service as a director on the Board of Directors under the Company's 2009 Stock Incentive Plan.
- F2The option is exercisable in 5 equal annual installments, with the first installment being exercisable on June 21, 2018.