SEC Form 4 · accession 0001179110-15-012048
ITERIS, INC. · ITI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ramin M Massoumi
Officer — Sr. Vice President
Period of report
Aug 10, 2015
Accepted (ET)
Aug 12, 2015 · 5:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350868
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 10, 2015 | M | 2,500 | — | A | 10,100 | I | By Lisa G. Massoumi and Ramin M Massoumi Family Trust |
| Common StockF2 | Aug 10, 2015 | F | 826 | $1.87 | D | 9,274 | I | By Lisa G. Massoumi and Ramin M Massoumi Family Trust |
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 | — | Aug 10, 2015 | M | 2,500 | A | Aug 10, 2015 | Aug 10, 2015 | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of ITI stock. On August 10, 2015, 2,500 shares of the reporting person's restricted stock units vested and the reporting person was issued 2,500 shares of ITI common stock on August 10, 2015
- F2Represents shares withheld to cover tax liabilities