SEC Form 4 · accession 0001250853-18-000085
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
Jun 14, 2018
Accepted (ET)
Jun 18, 2018 · 7:26 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 | Jun 14, 2018 | M | 4,000 | $5.88 | A | 228,221 | D | |
| Common Stock | Jun 14, 2018 | S | 4,000 | $8.10 | D | 224,221 | D | |
| Common Stock | Jun 14, 2018 | M | 4,000 | $4.41 | A | 228,221 | D | |
| Common Stock | Jun 14, 2018 | S | 4,000 | $8.20 | D | 224,221 | D | |
| Common Stock | Jun 15, 2018 | M | 4,000 | $4.07 | A | 228,221 | D | |
| Common Stock | Jun 15, 2018 | S | 4,000 | $8.30 | 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)F1 | $5.88 | Jun 14, 2018 | M | 4,000 | D | — | Apr 11, 2019 | Common Stock | 4,000 | 0 | D |
| Stock Option (right to buy)F2 | $4.41 | Jun 14, 2018 | M | 4,000 | D | — | Nov 19, 2019 | Common Stock | 4,000 | 0 | D |
| Stock Option (right to buy)F3 | $4.07 | Jun 15, 2018 | M | 4,000 | D | — | Apr 6, 2020 | Common Stock | 4,000 | 4,733 | D |
Explanation of responses
- F1Stock Option vests and becomes exercisable in three equal annual increments beginning April 11, 2015.
- F2Stock Option vests and becomes exercisable in three annual increments beginning October 31, 2015 for 1,333 shares, October 31, 2016 for 1,333 shares and October 31, 2017 for 1,334 shares.
- F3Stock Option vests and becomes exercisable in two installments with 4,366 shares becoming exercisable on 7/6/15 and 4,367 shares becoming exercisable on 10/6/15.