SEC Form 4 · accession 0001213900-16-011605
OCEAN BIO CHEM INC · OBCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sonia B Beard
Director
Period of report
Mar 9, 2016
Accepted (ET)
Mar 15, 2016 · 3:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350737
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 9, 2016 | M | 10,000 | $1.08 | A | 10,000 | D | |
| Common Stock | Mar 9, 2016 | D | 4,519 | $2.39 | D | 5,481 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy) | $1.08 | Mar 9, 2016 | M | 10,000 | D | Apr 3, 2006 | Apr 2, 2016 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1The reporting person exercised an option to purchase 10,000 shares, through a cashless net exercise in which 5,481 shares were acquired.