SEC Form 4 · accession 0001209191-15-066555
LOJACK CORP · LOJN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Emad Isaac
Officer — Sr. Vice President and CTO
Period of report
Aug 14, 2015
Accepted (ET)
Aug 18, 2015 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000355777
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Aug 14, 2015 | A | 1,000 | $0.00 | A | 56,813 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $3.54 | Aug 14, 2015 | A | 3,000 | A | — | Aug 14, 2022 | Common Stock | 3,000 | 3,000 | D |
Explanation of responses
- F1These shares were awarded in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder.
- F2These shares vest in three installments. Fifty percent vest 6 months from the date of grant, thirty percent vest on the first anniversary of the date of grant and the remaining twenty percent vest 18 months from date of grant, which was August 14, 2015.
- F3These employee stock options were awarded under a stock option plan in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder. The Employee stock options vest in three installments with fifty percent vesting 6 months after the date of grant, thirty percent on the first anniversary of the date of grant, and twenty percent 18 months after the date of grant which was August 14, 2015.