SEC Form 4 · accession 0001179110-15-014587
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
Nov 2, 2015
Accepted (ET)
Nov 6, 2015 · 2:02 pm EST
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 buyF1 | $2.37 | Nov 2, 2015 | A | 20,000 | A | — | Nov 1, 2025 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The option shall become exercisable in a series of four (4) 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.