SEC Form 4 · accession 0001179110-18-002444
ITERIS, INC. · ITI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Joseph Bergera
Officer — President and CEO
Period of report
Feb 16, 2018
Accepted (ET)
Feb 20, 2018 · 6:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350868
Table I — non-derivative securities
No Table I lines on this filing.
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 | 250,000 | A | — | Feb 15, 2028 | Common Stock | 250,000 | 250,000 | 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.