SEC Form 4 · accession 0001283875-15-000002
CYBEROPTICS CORP · CYBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Subodh K Kulkarni
Officer — President and CEO · Director
Period of report
May 12, 2015
Accepted (ET)
May 12, 2015 · 11:50 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000768411
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 12, 2015 | P | 500 | $10.57 | A | 31,250 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2 | $6.97 | holding | — | — | — | Jan 14, 2015 | Jan 14, 2021 | Common Stock | 80,000 | 80,000 | D |
| Employee Stock OptionF2 | $9.62 | holding | — | — | — | Dec 5, 2015 | Dec 5, 2021 | Common Stock | 38,750 | 38,750 | D |
Explanation of responses
- F1Includes (a) 15,000 restricted stock units that vest in increments of 5,000 shares on each of January 14, 2016, 2017 and 2018, and (b) 6,250 restricted stock units that vest in increments of 1,563 on each of December 5, 2015 and 2016 and increments of 1,562 on each of December 5, 2017 and 2018.
- F2Exercisable with respect to 25% of such shares on such date and with respect to an additional cumulative 25% of such shares on the next three anniversaries of such date.