SEC Form 4/A · accession 0001179110-16-029654
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
Kevin Daly
Director
Period of report
Sep 6, 2016
Accepted (ET)
Sep 14, 2016 · 9:47 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 | Sep 6, 2016 | M | 5,000 | $2.54 | A | 5,000 | D | |
| Common Stock | holding | — | — | — | 79,100 | I | By Trust | |
| Common Stock | holding | — | — | — | 329,032 | I | By IRA | |
| Common Stock | holding | — | — | — | 100 | I | By Spouse |
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 buy)F1 | $2.54 | Sep 6, 2016 | M | 5,000 | D | — | Sep 13, 2016 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Option was granted on 9/14/2006 and was immediately exercisable but vested in a series of four (4) successive equal installments upon Optionee's completion of each year of service over the four (4) year period measured from the grant date. The stock option was expiring on 9/13/2016 and was exercised before expiration.
Remarks
This amendment reflects that the initial Form 4 referenced a sale that was initiated in error without the reporting person's knowledge and was cancelled before it was completed. Also, the original Form 4 also omitted reporting person's indirect holdings.