SEC Form 4 · accession 0001283875-15-000014
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 11, 2015
Accepted (ET)
Dec 14, 2015 · 11:23 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 | holding | — | — | — | 51,740 | 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 OptionF3 | $7.18 | Dec 11, 2015 | M | 26,000 | A | Dec 11, 2016 | Dec 11, 2022 | Common Stock | 26,000 | 26,000 | 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) 694 restricted stock units that vest on December 14, 2016; (c) 1,374 restricted stock units that vest in increments of 687 shares on each of December 6, 2016 and 2017; (d) 2,400 restricted stock units that vest in increments of 800 shares on each of December 5, 2016, 2017 and 2018; (e) 4,500 restricted stock units that vest in increments of 1,125 on each of December 11, 2016, 2017, 2018 and 2019.
- 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.