SEC Form 4 · accession 0001225208-15-022535
ANDREA ELECTRONICS CORP · ANDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph J Migliozzi
Director
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 11:00 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000006494
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 15, 2015 | P | 100,000 | $0.049 | A | 926,261 | 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) | $0.11 | holding | — | — | — | Jan 24, 2010 | Jul 24, 2019 | Common Stock | 45,455 | 45,455 | D |
| Employee Stock Option (right to buy) | $0.04 | holding | — | — | — | Feb 8, 2009 | Aug 8, 2018 | Common Stock | 125,000 | 125,000 | D |
| Employee Stock Option (right to buy) | $0.11 | holding | — | — | — | Mar 12, 2008 | Sep 12, 2017 | Common Stock | 45,455 | 45,455 | D |
| Employee Stock Option (right to buy) | $0.12 | holding | — | — | — | May 16, 2007 | Nov 16, 2016 | Common Stock | 41,667 | 41,667 | D |
| Employee Stock Option (right to buy) | $0.04 | holding | — | — | — | Aug 8, 2009 | Aug 8, 2018 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock Option (right to buy) | $0.11 | holding | — | — | — | Sep 12, 2008 | Sep 12, 2017 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock Option (right to buy) | $0.08 | holding | — | — | — | Sep 22, 2011 | Sep 22, 2020 | Common Stock | 62,500 | 62,500 | D |
| Employee Stock Option (right to buy)F1 | $0.07 | holding | — | — | — | Oct 2, 2014 | Oct 2, 2024 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (right to buy)F2 | $0.08 | holding | — | — | — | Oct 21, 2015 | Oct 21, 2024 | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1Stock Options granted on October 2, 2014 will vest as follows: 33.3% on October 2, 2014, 33.3% on October 2, 2015 and 33.4% on October 2, 2016.
- F2Stock Options granted on October 21, 2014 will vest as follows: 33.3% on October 21, 2015, 33.3% on October 21, 2016 and 33.4% on October 21, 2017.