SEC Form 4 · accession 0001179110-18-002443
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 16, 2018
Accepted (ET)
Feb 20, 2018 · 6:49 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 | holding | — | — | — | 1,624 | 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 | $5.52 | Feb 16, 2018 | A | 75,000 | A | — | Feb 15, 2028 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1The stock option becomes exercisable in a series of four (4) successive equal annual installments (i.e. one-fourth of the shares each year) upon optionee's completion of each year of service over the four (4) year period measured from the grant date.