SEC Form 4 · accession 0001179110-17-004017
ITERIS, INC. · ITI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tom Thomas
Director
Period of report
Mar 2, 2017
Accepted (ET)
Mar 6, 2017 · 5:02 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 | Mar 2, 2017 | M | 5,000 | $2.21 | A | 44,000 | I | Trust |
| Common Stock | Mar 2, 2017 | M | 5,000 | $2.10 | A | 49,000 | I | Trust |
| Common Stock | Mar 2, 2017 | M | 5,000 | $1.73 | A | 54,000 | I | Trust |
| Common Stock | Mar 2, 2017 | M | 5,000 | $1.45 | A | 59,000 | I | Trust |
| Common Stock | Mar 2, 2017 | M | 10,000 | $1.18 | A | 69,000 | I | Trust |
| Common Stock | Mar 2, 2017 | M | 10,000 | $1.61 | A | 79,000 | I | Trust |
| Common Stock | Mar 2, 2017 | M | 10,000 | $1.75 | A | 89,000 | I | Trust |
| Common Stock | Mar 2, 2017 | M | 10,000 | $1.76 | A | 99,000 | I | Trust |
| Common Stock | Mar 2, 2017 | M | 10,000 | $2.40 | A | 109,000 | I | Trust |
| Common StockF3 | holding | — | — | — | 15,000 | D |
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 | $2.21 | Mar 2, 2017 | M | 5,000 | D | — | Sep 20, 2017 | Common Stock | 5,000 | 0 | D |
| Stock Option Right to BuyF1 | $2.10 | Mar 2, 2017 | M | 5,000 | D | — | Sep 18, 2018 | Common Stock | 5,000 | 0 | D |
| Stock Option Right to BuyF1 | $1.73 | Mar 2, 2017 | M | 5,000 | D | — | Sep 17, 2019 | Common Stock | 5,000 | 0 | D |
| Stock Option Right to BuyF1 | $1.45 | Mar 2, 2017 | M | 5,000 | D | — | Sep 16, 2020 | Common Stock | 5,000 | 0 | D |
| Stock Option Right to BuyF2 | $1.18 | Mar 2, 2017 | M | 10,000 | D | — | Sep 15, 2021 | Common Stock | 10,000 | 0 | D |
| Stock Option Right to BuyF2 | $1.61 | Mar 2, 2017 | M | 10,000 | D | — | Sep 13, 2022 | Common Stock | 10,000 | 0 | D |
| Stock Option Right to BuyF2 | $1.75 | Mar 2, 2017 | M | 10,000 | D | — | Sep 22, 2023 | Common Stock | 10,000 | 0 | D |
| Stock Option Right to BuyF2 | $1.76 | Mar 2, 2017 | M | 10,000 | D | — | Oct 16, 2024 | Common Stock | 10,000 | 0 | D |
| Stock Option Right to BuyF2 | $2.40 | Mar 2, 2017 | M | 10,000 | D | — | Sep 23, 2025 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Options 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.
- F2Options were immediately exercisable but vested in one (1) year upon optionee's completion of one (1) year of service measured from the grant date.
- F339,000 shares in direct holding account was moved to indirect Trust account, and 15,000 shares are left in direct account.