SEC Form 4 · accession 0000730255-15-000017
CalAmp Corp. · CAMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Garo Sarkis Sarkissian
Officer — SVP Business Development
Period of report
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 4:44 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 | 11,300 | $0.00 | A | 175,278 | D | |
| Common Stock | Jul 28, 2015 | F | 3,006 | $17.54 | D | 172,272 | D | |
| Common Stock | Jul 29, 2015 | F | 845 | $17.33 | D | 171,427 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4 | $17.54 | Jul 28, 2015 | A | 10,700 | A | Jul 28, 2016 | Jul 28, 2025 | Common Stock | 10,700 | 10,700 | D |
Explanation of responses
- F1Securities acquired are 11,300 shares of restricted stock that vest 25% annually beginning 7/28/16.
- F2On 7/28/15, in connection with the vesting of 8,000 shares of restricted stock held by the reporting person, CalAmp withheld 3,006 shares to pay minimum statutory withholding taxes of $52,725.24.
- F3On 7/29/15, in connection with the vesting of 2,250 shares of restricted stock held by the reporting person, CalAmp withheld 845 shares to pay minimum statutory withholding taxes of $14,643.85.
- F4These stock options become exercisable at the rate of 25% annually beginning 7/28/16.