SEC Form 4 · accession 0001354488-17-000323
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
Feb 27, 2017
Accepted (ET)
Feb 28, 2017 · 2:37 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 | Feb 27, 2017 | M | 70,000 | $1.87 | A | 301,396 | D | |
| Common StockF1 | Feb 27, 2017 | F | 43,089 | $5.205 | D | 258,307 | 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 | $1.87 | Feb 27, 2017 | M | 70,000 | D | Oct 25, 2016 | Oct 25, 2018 | COMMON STOCK | 70,000 | 70,000 | D |
Explanation of responses
- F1SHARES WITHHELD FROM EXERCISE OF OPTIONS TO COVER EXERCISE PRICE AND TAX WITHHOLDING ON A CASHLESS OPTION EXERCISE.
Remarks
On 2/27/17 AMBROSE ACQUIRED 26,911 SHARES OF STOCK FROM A CASHLESS EXERCISE OF 70,000 OPTIONS IN A NET ISSUANCE AFTER REDUCTION OF 43,089 SHARES TO COVER EXERCISE PRICE AND TAXES.