SEC Form 4 · accession 0001615594-15-000083
SUNation Energy, Inc. · SUNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luella G Goldberg
Director
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 9:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000022701
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 21, 2015 | M | 4,040 | $9.90 | A | 28,363 | D | |
| Common Stock | May 21, 2015 | M | 3,000 | $10.21 | A | 31,363 | D | |
| Common Stock | May 21, 2015 | F | 2,271 | $10.21 | D | 28,592 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units | $9.90 | May 21, 2015 | M | 4,040 | D | May 21, 2015 | May 21, 2015 | Common Stock | 4,040 | 0 | D |
| Stock Option | $10.21 | May 21, 2015 | M | 3,000 | D | May 24, 2005 | May 24, 2015 | Common Stock | 3,000 | 0 | D |
| Restricted Stock UnitsF1,F2 | — | May 21, 2015 | A | 2,261 | A | — | — | Common Stock | 2,261 | 2,261 | D |
| Non-Qualified Stock Option | $11.05 | May 21, 2015 | A | 15,242 | A | May 21, 2016 | May 21, 2022 | Common Stock | 2,261 | 2,261 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of CSI Common Stock.
- F2The Restricted Stock Units vest on the earlier of the first anniversary of the date of grant or the 2016 Annual Meeting of Shareholders as long as the director continues to be of service to the Board prior to the vesting date. The Restricted Stock Units have an additional year of restriction and stock will be issued on 5/21/2017.