SEC Form 4 · accession 0001283875-16-000025
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
Dec 9, 2016
Accepted (ET)
Dec 12, 2016 · 4:32 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,F2 | Dec 9, 2016 | A | 3,000 | $0.00 | A | 46,114 | 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 | 12,000 | A | Dec 9, 2017 | Dec 9, 2023 | Common Stock | 12,000 | 12,000 | D |
| Employee Stock OptionF3 | $6.97 | holding | — | — | — | Jan 14, 2015 | Jan 14, 2021 | Common Stock | 80,000 | 80,000 | D |
| Employee Stock OptionF3 | $9.62 | holding | — | — | — | Dec 5, 2015 | Dec 5, 2021 | Common Stock | 38,750 | 38,750 | D |
| Employee Stock OptionF3 | $7.18 | holding | — | — | — | Dec 11, 2016 | Dec 11, 2022 | Common Stock | 55,000 | 55,000 | D |
Explanation of responses
- F1Includes (a) 10,000 restricted stock units that vest in increments of 5,000 shares on each of January 14, 2017 and 2018, (b) 3,124 restricted stock units that vest in increments of 1,562 shares on each of December 5, 2017 and 2018; (c) 6,562 restricted stock units that vest in increments of 2,188 shares on December 11, 2017 and 2,187 shares on each of December 11, 2018 and 2019, and (d) 3,000 restricted stock units that vest in increments of 750 shares on each of December 9, 2017, 2018, 2019 and 2020.
- F2Includes 1,307 shares acquired under the Company's Employee Stock Purchase Plan on July 29, 2016.
- 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