SEC Form 4 · accession 0001144204-15-000514
INDUSTRIAL SERVICES OF AMERICA INC · IDSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd L. Phillips
Officer — Chief Financial Officer
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 5:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000004187
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 31, 2014 | A | 8,196 | $4.88 | A | 8,196 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1 | $5.97 | Dec 31, 2014 | A | 150,000 | A | — | Dec 31, 2019 | Common Stock | 150,000 | 150,000 | D |
| Common StockF1 | $5.71 | Jan 2, 2015 | A | 20,000 | A | — | Jan 2, 2020 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The options become exercisable over a three-year period from the date of grant, with 1/3 exercisable on the first anniversary of the grant date and 1/6 vesting every six months thereafter until the three year anniversary of the grant date.