SEC Form 4 · accession 0001437749-18-022261
GIGA TRONICS INC · GIGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W. Joseph Thompson
Director
Period of report
Apr 19, 2018
Accepted (ET)
Dec 19, 2018 · 11:16 am 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 AgreementF1 | Apr 19, 2018 | A | 75,000 | $0.00 | A | 167,620 | 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)F2 | $0.339 | Apr 19, 2018 | A | 25,000 | A | Apr 19, 2019 | Apr 19, 2028 | Common Stock | 25,000 | 69,000 | D |
Explanation of responses
- F1Reported ownership excludes shares of preferred stock and common stock owned by Alara Capital as to which the reporting person disclaims beneficial ownership
- F2The option becomes exercisable in four equal installments of 25% annually beginning April 19, 2018, until fully vested and will expire on April 19, 2028.