SEC Form 4 · accession 0001283875-18-000007
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
Oct 31, 2018
Accepted (ET)
Nov 1, 2018 · 5:05 pm 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,F2 | Oct 31, 2018 | M | 23,333 | $7.30 | A | 99,760 | I | In Trust |
| Common StockF1,F2 | Oct 31, 2018 | F | 12,732 | $21.14 | D | 87,028 | I | In Trust |
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 | $7.30 | Oct 31, 2018 | M | 23,333 | D | Jan 6, 2013 | Jan 6, 2019 | Common Stock | 23,333 | 0 | 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 OptionF4 | $9.62 | holding | — | — | — | Dec 5, 2015 | Dec 5, 2021 | Common Stock | 18,500 | 18,500 | D |
| Employee Stock OptionF4 | $7.18 | holding | — | — | — | Dec 11, 2016 | Dec 11, 2022 | Common Stock | 26,000 | 26,000 | D |
| Employee Stock OptionF4 | $26.40 | holding | — | — | — | Dec 9, 2017 | Dec 9, 2023 | Common Stock | 5,500 | 5,500 | D |
| Employee Stock OptionF4 | $15.40 | holding | — | — | — | Dec 8, 2018 | Dec 8, 2024 | Common Stock | 9,200 | 9,200 | D |
Explanation of responses
- F1Includes (a) 800 restricted stock units that vest on December 5, 2018; (b) 2,250 restricted stock units that vest in increments of 1,125 shares on each of December 11, 2018 and 2019; (c) 1,125 restricted stock units that vest in increments of 375 shares on each of December 9, 2018, 2019 and 2020; and (d) 5,000 restricted stock units that vest in increments of 1,250 shares on each of December 8, 2018, 2019, 2020 and 2021.
- F2Funds are held indirectly by a revocable trust.
- F3Fully exercisable.
- F4Exercisable 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.