SEC Form 4 · accession 0001250853-18-000049
R F INDUSTRIES LTD · RFIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard F Hill
Director
Period of report
Mar 20, 2018
Accepted (ET)
Mar 22, 2018 · 9:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000740664
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 20, 2018 | M | 1,405 | $1.50 | A | 225,626 | D | |
| Common Stock | Mar 20, 2018 | S | 1,405 | $4.60 | D | 224,221 | D | |
| Common Stock | Mar 21, 2018 | M | 16,395 | $1.50 | A | 240,616 | D | |
| Common StockF1 | Mar 21, 2018 | S | 16,395 | $4.61 | D | 224,221 | D | |
| Common Stock | Mar 22, 2018 | M | 15,935 | $1.50 | A | 240,156 | D | |
| Common StockF2 | Mar 22, 2018 | S | 15,935 | $4.59 | D | 224,221 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $1.50 | Mar 20, 2018 | M | 1,405 | D | — | Nov 8, 2021 | Common Stock | 1,405 | 38,595 | D |
| Stock Option (right to buy)F3 | $1.50 | Mar 21, 2018 | M | 16,395 | D | — | Nov 8, 2021 | Common Stock | 16,395 | 22,200 | D |
| Stock Option (right to buy)F3 | $1.50 | Mar 22, 2018 | M | 15,935 | D | — | Nov 8, 2021 | Common Stock | 15,935 | 6,265 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.60 to $4.70, inclusive. The reporting person undertakes to provide to RF Industries Ltd, any security holder of RF Industries Ltd, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.55 to $4.65, inclusive. The reporting person undertakes to provide to RF Industries Ltd, any security holder of RF Industries Ltd, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4.
- F3Stock Option vests and becomes exercisable in four equal quarterly increments over a one-year period on 1/31/2017, 4/30/2017, 7/31/2017 and 10/31/2017.