SEC Form 4/A · accession 0001179110-15-013376
ITERIS, INC. · ITI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
J. Joseph Bergera
Officer — President and CEO
Period of report
Sep 23, 2015
Accepted (ET)
Sep 29, 2015 · 12:24 pm 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)F2,F1 | $2.38 | Sep 23, 2015 | A | 1,350,000 | A | — | Sep 22, 2025 | Common Stock | 1,350,000 | 1,350,000 | 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.
- F2The only change from the original Form 4 is to reflect that the reporting person did not pay anything for the option itself. Historically, no optionee has paid for any option grant under the company's stock incentive plan.