SEC Form 4 · accession 0001354488-16-008614
DATA I/O CORP · DAIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony Ambrose
Officer — PRESIDENT · Director
Period of report
Nov 29, 2016
Accepted (ET)
Dec 1, 2016 · 6:04 pm EST
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 | Nov 29, 2016 | M | 60,000 | $1.87 | A | 271,002 | D | |
| Common StockF1 | Nov 29, 2016 | F | 39,606 | $4.3135 | D | 231,396 | 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 | $4.3135 | Nov 29, 2016 | M | 60,000 | D | Oct 25, 2016 | Oct 25, 2018 | COMMON STOCK | 60,000 | 140,000 | D |
Explanation of responses
- F1SHARES WITHHELD FROM EXERCISE OF OPTIONS TO COVER EXERCISE PRICE AND TAX WITHHOLDING ON A CASHLESS OPTION EXERCISE
Remarks
ON 11/29/16 AMBROSE AQUIRED 20394 SHARES OF STOCK FROM A CASHLESS EXERCISE OF 60000 OPTIONS IN A NET ISSUANCE AFTER REDUCTION OF 39606 SHARES TO COVER EXERCISE PRICE AND TAXES