SEC Form 4 · accession 0001209191-15-032081
CTI GROUP HOLDINGS INC · CTIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J. Reinarts
Director
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 11:12 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000355627
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 1, 2015 | A | 50,000 | A | — | — | Class A Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of the Class A Common Stock, par value $0.01 per share ("Common Stock"), of CTI Group (Holdings) Inc. (the "Issuer"), or, at the Issuer's election, cash or a combination of Common Stock and cash representing the value of such restricted stock unit.
- F2The restricted stock units vest on April 1, 2016. Delivery of Common Stock, cash or a combination of Common Stock and cash, as applicable, in settlement of any vested restricted stock unit will be delivered to the reporting person within 60 days following the vesting date of such restricted stock unit.