SEC Form 4 · accession 0000726514-15-000044
ELECTRO SCIENTIFIC INDUSTRIES INC · ESIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul R Oldham
Officer — Chief Financial Officer
Period of report
May 14, 2015
Accepted (ET)
May 18, 2015 · 6:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000726514
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 14, 2015 | A | 42,000 | $0.00 | A | 199,489 | D | |
| Common Stock | May 15, 2015 | F | 3,522 | $5.53 | D | 195,967 | D | |
| Common StockF2,F3 | May 15, 2015 | S | 8,687 | $5.5275 | D | 187,280 | D | |
| Common StockF2,F4 | May 15, 2015 | S | 961 | $5.5121 | D | 186,319 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF5 | $5.63 | May 14, 2015 | A | 84,000 | A | May 14, 2016 | May 14, 2025 | Common Stock | 84,000 | 84,000 | D |
Explanation of responses
- F1Payment of tax liability by delivering shares incident to the vesting of restricted stock units in accordance with Rule 16b-3.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2015.
- F3The price indicated is the weighted average sale price for the shares sold. The individual sale prices for the shares indicated range from $5.49 to $5.61.
- F4The price indicated is the weighted average sale price for the shares sold. The individual sale prices for the shares indicated range from $5.51 to $5.52.
- F5SOSAR becomes exercisable for 25% of the shares on the first four anniversaries of the grant date.