SEC Form 4 · accession 0001179110-16-029035
ITERIS, INC. · ITI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Richard Char
Director
Period of report
Aug 25, 2016
Accepted (ET)
Aug 29, 2016 · 10:18 am 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 Stock | Aug 25, 2016 | M | 5,000 | $2.54 | A | 5,000 | I | Char-Yoshida Family Trust |
| Common Stock | Aug 25, 2016 | M | 5,000 | $2.21 | A | 10,000 | I | Char-Yoshida Family Trust |
| Common Stock | Aug 25, 2016 | M | 5,000 | $2.10 | A | 15,000 | I | Char-Yoshida Family Trust |
| Common Stock | Aug 25, 2016 | M | 5,000 | $1.73 | A | 20,000 | I | Char-Yoshida Family Trust |
| Common Stock | Aug 25, 2016 | M | 5,000 | $1.45 | A | 25,000 | I | Char-Yoshida Family Trust |
| Common Stock | Aug 25, 2016 | M | 10,000 | $1.18 | A | 35,000 | I | Char-Yoshida Family Trust |
| Common Stock | Aug 25, 2016 | M | 10,000 | $1.61 | A | 45,000 | I | Char-Yoshida Family Trust |
| Common Stock | Aug 25, 2016 | M | 10,000 | $1.75 | A | 55,000 | I | Char-Yoshida Family Trust |
| Common Stock | Aug 25, 2016 | M | 10,000 | $1.76 | A | 65,000 | I | Char-Yoshida Family Trust |
| Common Stock | Aug 25, 2016 | M | 10,000 | $2.40 | A | 75,000 | I | Char-Yoshida Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option right to buyF1 | $2.54 | Aug 25, 2016 | M | 5,000 | D | — | Sep 13, 2016 | Common Stock | 5,000 | 0 | D |
| Stock option right to buyF2 | $2.21 | Aug 25, 2016 | M | 5,000 | D | — | Sep 20, 2017 | Common Stock | 5,000 | 0 | D |
| Stock option right to buyF2 | $2.10 | Aug 25, 2016 | M | 5,000 | D | — | Sep 18, 2018 | Common Stock | 5,000 | 0 | D |
| Stock option right to buyF2 | $1.73 | Aug 25, 2016 | M | 5,000 | D | — | Sep 17, 2019 | Common Stock | 5,000 | 0 | D |
| Stock option right to buyF2 | $1.45 | Aug 25, 2016 | M | 5,000 | D | — | Sep 16, 2020 | Common Stock | 5,000 | 0 | D |
| stock option right to buyF3 | $1.18 | Aug 25, 2016 | M | 10,000 | D | — | Sep 15, 2021 | Common Stock | 10,000 | 0 | D |
| Stock option right to buyF3 | $1.61 | Aug 25, 2016 | M | 10,000 | D | — | Sep 13, 2022 | Common Stock | 10,000 | 0 | D |
| Stock option right to buyF3 | $1.75 | Aug 25, 2016 | M | 10,000 | D | — | Sep 22, 2023 | Common Stock | 10,000 | 0 | D |
| Stock option right to buyF3 | $1.76 | Aug 25, 2016 | M | 10,000 | D | — | Oct 16, 2024 | Common Stock | 10,000 | 0 | D |
| Stock option right to buyF3 | $2.40 | Aug 25, 2016 | M | 10,000 | D | — | Sep 23, 2025 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Stock option expiring on 9/13/2016, exercising before expiration
- F2Options were immediately exercisable but vested in a series of four (4) successive equal annual installments upon optionee's completion of each year of service over the (4)year period measured from the grant date.
- F3Options were immediately exercisable but vested in (1) year upon optionee's completion of (1) year of service measured from the grant date.