SEC Form 4 · accession 0001179110-15-004999
ITERIS, INC. · ITI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew C Schmidt
Officer — CFO, VP of Finance, & Sec.
Period of report
Mar 16, 2015
Accepted (ET)
Mar 17, 2015 · 11:55 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350868
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F1 | $1.79 | Mar 16, 2015 | A | 100,000 | A | — | Mar 15, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The option shall become exercisable in a series of four (4) successive equal annual installments (i.e., one-fourth of the shares each year) upon Optionee's completion of each year of service over the four year period measured from the grant date