SEC Form 4 · accession 0001163526-15-000001
ELECTRO RENT CORP · ELRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Markheim
Officer — President and COO
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 3:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000032166
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 5, 2015 | M | 40,000 | — | A | 182,990 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 5, 2015 | M | 40,000 | D | — | — | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On July 16, 2009, the reporting person was granted 40,000 restricted stock units, which vested in three annual installments beginning on the first anniversary of the grant date, and were issued on January 5, 2015.