SEC Form 4 · accession 0000730255-16-000073
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 25, 2016
Accepted (ET)
Jul 27, 2016 · 6:10 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 Stock | Jul 25, 2016 | F | 977 | $14.35 | D | 187,147 | D | |
| Common StockF2 | Jul 26, 2016 | A | 15,500 | $0.00 | A | 202,647 | 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 | $14.49 | Jul 26, 2016 | A | 16,500 | A | Jul 26, 2017 | Jul 26, 2026 | Common Stock | 16,500 | 16,500 | D |
| Stock OptionsF4 | $14.49 | Jul 26, 2016 | A | 14,400 | A | — | Jul 26, 2026 | Common Stock | 14,400 | 14,400 | D |
Explanation of responses
- F1On 7/25/16, in connection with the vesting of 2,600 shares of restricted stock held by the reporting person, CalAmp withheld 977 shares to pay minimum statutory withholding taxes of $14,019.95.
- F2Securities acquired are 15,500 shares of restricted stock that vest 25% annually beginning 7/26/17.
- F3These stock options become exercisable at the rate of 25% annually beginning 7/26/17.
- F4These stock options vest at the rate of 25% annually beginning 7/26/17 and become exercisable after the stock price has traded at or above 130% of the exercise price for 30 consecutive trading days.