SEC Form 4 · accession 0001209191-18-044236
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 25, 2018
Accepted (ET)
Jul 27, 2018 · 4:50 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 25, 2018 | A | 48,400 | $0.00 | A | 531,834 | D | |
| Common Stock | Jul 26, 2018 | F | 8,651 | $23.11 | D | 523,183 | 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 | $23.08 | Jul 25, 2018 | A | 53,200 | A | Jul 25, 2019 | Jul 25, 2028 | Common Stock | 53,200 | 53,200 | D |
| Stock OptionsF4 | $23.08 | Jul 25, 2018 | A | 38,800 | A | — | Jul 25, 2028 | Common Stock | 38,800 | 38,800 | D |
Explanation of responses
- F1Securities acquired are 48,400 shares of restricted stock that vest 25% annually beginning 7/25/2019
- F2On 7/26/2018, in connection with the vesting of 17,450 shares of restricted stock held by the reporting person, CalAmp withheld 8,651 shares to pay minimum withholding taxes of $199,924.61.
- F3These stock options become exercisable at the rate of 25% annually beginning 7/25/2019.
- F4These stock options vest at the rate of 25% annually beginning 7/25/2019 and become exercisable after the stock price has traded at or above 130% of the exercise price for 30 consecutive trading days.