SEC Form 4 · accession 0001231045-15-000001
ELECTRO RENT CORP · ELRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
James S Pignatelli
Director
Period of report
Jan 5, 2015
Accepted (ET)
Jan 6, 2015 · 8:12 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 | 864 | — | A | 17,695 | D | |
| Common StockF1 | Jan 5, 2015 | M | 2,142 | — | A | 19,387 | 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 | 864 | D | — | — | Common Stock | 864 | 0 | D |
| Restricted Stock UnitsF1,F3 | — | Jan 5, 2015 | M | 2,142 | D | — | — | Common Stock | 2,142 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On June 1, 2009, the reporting person was granted 864 restricted stock units, which vested 75% on grant date, and 25% on September 1, 2009, and were issued on January 5, 2015..
- F3On October 15, 2009, the reporting person was granted 2,142 restricted stock units, which vested 25% on grant date and 25% on each of January 1, April 1 and July 1 of 2010, and were issued on January 5, 2015.