SEC Form 4 · accession 0001437749-17-000935
GIGA TRONICS INC · GIGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon Almquist
Director
Period of report
Dec 19, 2016
Accepted (ET)
Jan 20, 2017 · 5:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000719274
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock - Restricted Share Award Agreement | Dec 19, 2016 | A | 44,500 | $0.00 | A | 129,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to buy)F1 | $0.66 | Dec 19, 2016 | A | 13,000 | A | Dec 19, 2017 | Dec 19, 2027 | Common Stock | 13,000 | 13,000 | D |
Explanation of responses
- F1The option becomes exercisable in five equal installments of 20% annually beginning December 19, 2017, until fully vested and will expire on December 19, 2027.