SEC Form 4 · accession 0000771266-15-000033
KOPIN CORP · KOPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Landine
Director
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 4:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000771266
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 18, 2015 | M | 142 | $3.50 | A | 100,142 | D | |
| Common Stock | May 18, 2015 | S | 142 | $3.75 | D | 100,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $3.50 | May 18, 2015 | M | 142 | A | May 19, 2009 | May 19, 2015 | Common Stock | 142 | 24,858 | D |
Explanation of responses
- F1The shares were exercised and sold in open market transactions pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 1, 2014 in accordance with Rule 10b-5 of the Securities Exchange Act of 1934, as amended.
- F2The shares were exercised and sold in open market transactions pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 1, 2014 in accordance with Rule 10b-5 of the Securities Exchange Act of 1934, as amended
- F3The remaining 24,858 options expired on May 19, 2015.