SEC Form 4 · accession 0001255185-15-000002
INTERPHASE CORP · INPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Greg Kalush
Officer — President & CEO · Director
Period of report
Jun 22, 2015
Accepted (ET)
Jun 24, 2015 · 4:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000728249
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $0.75 | Jun 22, 2015 | A | 100,000 | A | — | Jun 22, 2025 | Common Stock | 100,000 | 707,447 | D |
Explanation of responses
- F1Grant of stock options which, subject to certain performance criteria, will vest in two equal parts upon the achievement of separate performance-based targets.
- F2The date exercisable is to be determined based upon the date performance targets are achieved up until the expiration date.