SEC Form 4 · accession 0001283875-16-000024
CYBEROPTICS CORP · CYBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A. Bertelsen
Officer — CFO and COO
Period of report
Dec 9, 2016
Accepted (ET)
Dec 12, 2016 · 4:14 pm 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 9, 2016 | A | 1,500 | $0.00 | A | 68,240 | 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 OptionF3 | $26.40 | Dec 9, 2016 | M | 5,500 | A | Dec 9, 2017 | Dec 9, 2023 | Common Stock | 5,500 | 5,500 | D |
| Employee Stock OptionF2 | $8.71 | holding | — | — | — | Dec 10, 2011 | Dec 10, 2017 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock OptionF2 | $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 |
| Employee Stock Option | $7.18 | holding | — | — | — | Dec 11, 2016 | Dec 11, 2022 | Common Stock | 26,000 | 26,000 | D |
Explanation of responses
- F1Includes (a) 694 restricted stock units that vest on December 14, 2016; (b) 687 restricted stock units that vest on December 6, 2017; (c) 1,600 restricted stock units that vest in increments of 800 shares on each of December 5, 2017 and 2018; (d) 3,375 restricted stock units that vest in increments of 1,125 shares on each of December 11, 2017, 2018 and 2019; and (e) 1,500 restricted stock units that vest in increments of 375 shares on each of December 9, 2017, 2018, 2019 and 2020.
- 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.