SEC Form 4 · accession 0001615594-16-000162
SUNation Energy, Inc. · SUNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger HD Lacey
Director
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 2:16 pm EST
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 | holding | — | — | — | 29,952 | 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 | $7.34 | Jan 25, 2016 | A | 16,667 | A | Dec 1, 2016 | Jan 25, 2023 | Common Stock | 16,667 | 16,667 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Jan 25, 2016 | A | 8,333 | A | Dec 1, 2016 | Jan 25, 2023 | Common Stock | 8,333 | 8,333 | D |
Explanation of responses
- F18,333 shares of the option vest on 12/1/2016 and the remaining 8,334 shares vest on 12/1/2017.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of Communication Systems, Inc. common stock.
- F34,167 of the Restricted Stock Units vest on 12/1/2016 and the remaining 4,166 vest on 12/1/2017.