SEC Form 4 · accession 0001144204-18-002615
HURCO COMPANIES INC · HURC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Doar
Officer — Chairman & CEO · Director
Period of report
Jan 16, 2018
Accepted (ET)
Jan 18, 2018 · 12:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000315374
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 16, 2018 | M | 8,000 | $14.82 | A | 113,283 | D | |
| Common StockF1 | Jan 17, 2018 | S | 3,600 | $46.7947 | D | 109,683 | D | |
| Common StockF2 | Jan 17, 2018 | S | 6,990 | $47.375 | D | 102,693 | D | |
| Common StockF3 | Jan 17, 2018 | S | 3,310 | $48.4543 | D | 99,383 | 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)F4 | $14.82 | Jan 16, 2018 | M | 8,000 | D | — | Dec 18, 2019 | Common Stock | 8,000 | 0 | D |
Explanation of responses
- F1Represents the sale of 3,600 shares in multiple transactions, ranging in price from $46.05 to $47.00 per share, resulting in a weighted average sale price of $46.7947. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the range.
- F2Represents the sale of 6,990 shares in multiple transactions, ranging in price from $47.05 to $48.00 per share, resulting in a weighted average sale price of $47.3750. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the range.
- F3Represents the sale of 3,310 shares in multiple transactions, ranging in price from $48.15 to $48.725 per share, resulting in a weighted average sale price of $48.4543. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the range.
- F4Options vested in thirds on each of December 18, 2010, December 18, 2011 and December 18, 2012.