SEC Form 4 · accession 0000730255-17-000022
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, 2017
Accepted (ET)
Aug 1, 2017 · 7:30 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 28, 2017 | F | 6,822 | $19.32 | D | 459,295 | D | |
| Common StockF2 | Jul 28, 2017 | A | 48,200 | $0.00 | A | 507,495 | D | |
| Common StockF3 | Jul 29, 2017 | M | 3,208 | — | A | 510,703 | D | |
| Common Stock | Jul 29, 2017 | F | 1,673 | $19.32 | D | 509,030 | D | |
| Common Stock | Jul 29, 2017 | F | 5,596 | $19.32 | D | 503,434 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF6 | $19.32 | Jul 28, 2017 | A | 51,920 | A | Jul 28, 2018 | Jul 28, 2027 | Common Stock | 51,920 | 51,920 | D |
| Stock OptionsF7 | $19.32 | Jul 28, 2017 | A | 39,200 | A | — | Jul 28, 2027 | Common Stock | 39,200 | 39,200 | D |
| Performance Stock UnitsF3,F8 | — | Jul 29, 2017 | M | 3,208 | D | — | — | Common Stock | 3,208 | 2,005 | D |
Explanation of responses
- F1On 7/28/17, in connection with the vesting of 13,075 shares of restricted stock held by the reporting person, CalAmp withhled 6,822 shares to pay minimum withholding taxes of $131,801.04.
- F2Securities acquired are 48,200 shares of restricted stock that vest 25% annually beginning 7/28/18.
- F3Performance stock units convert into common stock on a one-for-one basis.
- F4On 7/29/17, in connection with the vesting of 3,208 shares of Performance Stock Units held by the reporting person, CalAmp withhled 1,673 shares to pay minimum withholding taxes of $32,322.36.
- F5On 7/29/17, in connection with the vesting of 10,725 shares of restricted stock held by the reporting person, CalAmp withhled 5,596 shares to pay minimum withholding taxes of $108,114.72.
- F6These stock options become exercisable at the rate of 25% annually beginning 7/28/18.
- F7These stock options vest at the rate of 25% annually beginning 7/28/18 and become exercisable after the stock price has traded at or above 130% of the exercise price for 30 consecutive trading days.
- F8Performance stock units vested on July 29, 2017.