SEC Form 4 · accession 0001088342-16-000210
COMPUTER TASK GROUP INC · CTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Sullivan
Director
Period of report
Jul 1, 2016
Accepted (ET)
Jul 5, 2016 · 2:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000023111
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 1, 2016 | A | 7,425 | $5.05 | A | 123,403 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person acquired restricted stock units (RSUs) under the Company's Non-Employee Director Deferred Compensation Plan with money deferred by the reporting person for services earned as a director. Each RSU is the economic equivalent of one share of common stock. The RSUs are convertible into common stock of the Company on a one-for-one basis upon distribution from the Plan upon termination of service as a director. The decision to acquire RSUs is irrevocable.