SEC Form 4 · accession 0001209191-16-151833
Xcerra Corp · XCRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David G Tacelli
Officer — President & CEO · Director
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 9:50 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000357020
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 21, 2016 | F | 14,061 | $6.64 | D | 834,261 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of Xcerra common stock. Under the terms of the RSUs, 25% of the units vested on November 21, 2014, 25% vested on November 21, 2015, 25% vested on November 21, 2016, and 25% will vest on November 21, 2017. The disposition of common stock described in this filing reflects the amount of shares of common stock withheld for tax withholding purposes.