SEC Form 4 · accession 0001179110-17-003465
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
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 3:56 pm EST
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 | Feb 27, 2017 | M | 20,000 | $1.10 | A | 27,274 | I | Lisa G Massoumi & Ramin M Massoumi Family Trust |
| Common Stock | holding | — | — | — | 2,551 | I | 401K |
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 | $1.10 | Feb 27, 2017 | M | 20,000 | D | — | Aug 9, 2021 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Option became exercisable in four (4) successive equal annual installments upon optionee's completion of each year of service over the four year period measured from the grant date. Option expires 10-years from grant date.