SEC Form 4 · accession 0001088342-16-000236
COMPUTER TASK GROUP INC · CTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur W Crumlish
Officer — Chief Executive Officer · Director
Period of report
Aug 9, 2016
Accepted (ET)
Aug 11, 2016 · 10:26 am 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 | Aug 9, 2016 | A | 16,239 | $4.95 | A | 173,844 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2 | $4.95 | Aug 9, 2016 | A | 180,384 | A | Aug 9, 2017 | Aug 9, 2026 | Common Stock | 180,384 | 180,384 | D |
Explanation of responses
- F1The reporting person acquired restricted stock units (RSUs) under the Company's Equity Award Plan. Each RSU is the economic equivalent of one share of common stock. The RSUs are convertible into shares of common stock of the Company on a one-for-one basis and vest in four equal annual increments beginning on 08/09/2017.
- F2The stock option vests and becomes exercisable in four equal annual increments beginning on 08/09/2017