SEC Form 4 · accession 0000730255-15-000015
CalAmp Corp. · CAMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Burdiek
Officer — President & CEO · Director
Period of report
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 4:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000730255
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 28, 2015 | A | 52,300 | $0.00 | A | 467,942 | D | |
| Common Stock | Jul 29, 2015 | F | 5,596 | $17.33 | D | 462,346 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $17.54 | Jul 28, 2015 | A | 49,300 | A | Jul 28, 2016 | Jul 28, 2025 | Common Stock | 49,300 | 49,300 | D |
Explanation of responses
- F1Securities acquired are 52,300 shares of restricted stock that vest 25% annually beginning 7/28/16.
- F2On 7/29/15, in connection with the vesting of 10,725 shares of restricted stock held by the reporting person, CalAmp withheld 5,596 shares to pay minimum statutory withholding taxes of $96,978.68.
- F3These stock options become exercisable at the rate of 25% annually beginning 7/28/16.