SEC Form 4 · accession 0000726514-17-000028
ELECTRO SCIENTIFIC INDUSTRIES INC · ESIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bing-Fai Wong
Other
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 7:47 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 11, 2017 | M | 12,500 | $6.71 | A | 125,551 | D | |
| Common StockF1 | May 11, 2017 | S | 12,500 | $8.4751 | D | 113,051 | D | |
| Common Stock | May 11, 2017 | M | 10,000 | $5.63 | A | 123,051 | D | |
| Common StockF1 | May 11, 2017 | S | 10,000 | $8.4751 | D | 113,051 | D | |
| Common Stock | May 11, 2017 | M | 40,000 | $7.26 | A | 153,051 | D | |
| Common StockF1 | May 11, 2017 | S | 40,000 | $8.4751 | D | 113,051 | 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 RightsF2 | $5.63 | May 11, 2017 | M | 10,000 | D | May 14, 2016 | May 14, 2025 | Common Stock | 10,000 | 30,000 | D |
| Stock Appreciation RightsF2 | $6.71 | May 11, 2017 | M | 12,500 | D | May 15, 2015 | May 15, 2024 | Common Stock | 12,500 | 12,500 | D |
| Stock Appreciation RightsF3 | $7.26 | May 11, 2017 | M | 40,000 | D | May 14, 2010 | May 13, 2019 | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1The price indicated is the weighted average sale price for the shares sold. The individual sale prices for the shares indicated range from $8.45 to $8.51.
- F2SOSAR becomes exercisable for 25% of the shares on the first four anniversaries of the grant date.
- F3The SOSAR was originally granted on May 14, 2009 and provided for vesting in four equal annual installments commencing on May 14, 2010.