SEC Form 4 · accession 0001163529-15-000002
ELECTRO RENT CORP · ELRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig R Jones
Officer — Vice President and CFO
Period of report
Aug 31, 2015
Accepted (ET)
Aug 31, 2015 · 8:34 pm EDT
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 | Aug 31, 2015 | M | 28,390 | — | A | 93,003 | D | |
| Common Stock | Aug 31, 2015 | F | 10,414 | $10.66 | D | 82,589 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | — | Aug 31, 2015 | M | 28,390 | D | — | — | Common Stock | 28,390 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On July 15, 2010, July 14, 2011, July 12, 2012, July 11, 20'13 and July 10,,2014, the reporting person was ranted 9,000, 6,578, 6,479, 6,082 (2,027 forfeited) and 6,893 (4,595 forfeited) restricted stock units, resepectively, which vested in three annual installments beginning on the first anniversay of the grant date, and were issued on August 31, 2015.