SEC Form 4 · accession 0001354488-16-008131
DATA I/O CORP · DAIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel S Hatlen
Officer — Vice President
Period of report
Jul 29, 2016
Accepted (ET)
Aug 2, 2016 · 8:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000351998
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 29, 2016 | M | 40,000 | $2.815 | A | 278,729 | D | |
| Common StockF1 | Jul 29, 2016 | F | 34,962 | $3.595 | D | 243,767 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | $2.815 | Jul 29, 2016 | M | 40,000 | D | May 10, 2016 | May 10, 2018 | common stock | 40,000 | 25,000 | D |
Explanation of responses
- F1Shares withheld from exercise of options to cover exercise price and tax withholding on a cashless option exercise
Remarks
on 7/29/16 Hatlen acquired 5038 shares of stock from a cashless exercise of 40000 options in a net issuance after reduction of shares to cover exercise price and taxes