SEC Form 4 · accession 0001283875-15-000011
CYBEROPTICS CORP · CYBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A. Bertelsen
Officer — Chief Financial Officer
Period of report
Dec 3, 2015
Accepted (ET)
Dec 4, 2015 · 11:02 am EST
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 | Dec 3, 2015 | M | 26,400 | $4.99 | A | 47,240 | 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 | $4.99 | Dec 3, 2015 | M | 26,400 | D | Dec 5, 2009 | Dec 5, 2015 | Common Stock | 26,400 | 0 | D |
| Employee Stock OptionF2 | $4.80 | holding | — | — | — | May 18, 2010 | May 18, 2016 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock OptionF2 | $8.71 | holding | — | — | — | Dec 10, 2011 | Dec 10, 2017 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock OptionF3 | $7.30 | holding | — | — | — | Jan 6, 2013 | Jan 6, 2019 | Common Stock | 23,333 | 23,333 | D |
| Employee Stock OptionF3 | $7.48 | holding | — | — | — | Dec 14, 2013 | Dec 14, 2019 | Common Stock | 16,667 | 16,667 | D |
| Employee Stock OptionF3 | $5.39 | holding | — | — | — | Dec 6, 2014 | Dec 6, 2020 | Common Stock | 16,750 | 16,750 | D |
| Employee Stock OptionF3 | $7.70 | holding | — | — | — | Feb 21, 2015 | Feb 21, 2021 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock OptionF3 | $9.62 | holding | — | — | — | Dec 5, 2015 | Dec 5, 2021 | Common Stock | 18,500 | 18,500 | D |
Explanation of responses
- F1Includes (a) 972 restricted stock units that vest on January 6, 2016; (b) 1,388 restricted stock units that vest in increments of 694 shares on each of December 14, 2015 and 2016; (c) 2,062 restricted stock units that vest in increments of 688 shares on December 6, 2015 and increments of 687 shares on each of December 6, 2016 and 2017; and (d) 3,200 restricted stock units that vest in increments of 800 shares on each of December 5, 2015, 2016, 2017 and 2018.
- F2Fully exercisable.
- F3Exercisable 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.