SEC Form 4 · accession 0000278166-16-000132
CAVCO INDUSTRIES, INC. · CVCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A. Greenblatt
Director
Period of report
Oct 10, 2016
Accepted (ET)
Oct 12, 2016 · 10:11 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000278166
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 10, 2016 | M | 2,500 | $33.25 | A | 8,020 | D | |
| Common Stock | Oct 10, 2016 | F | 845 | $98.32 | D | 7,175 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Employee Director Stock Option (Right to Buy)F2 | $33.25 | Oct 10, 2016 | M | 2,500 | D | — | Oct 21, 2016 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. Mr. Greenblatt received 1,655 shares of common stock on a net exercise of option to purchase 2,500 shares of common stock. Mr. Greenblatt forfeited 845 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on October 7, 2016 of $98.32.
- F2This option vested 25% on each of the following dates: October 21, 2009; October 21, 2010; October 21, 2011; and October 21, 2012