SEC Form 4 · accession 0000899243-16-020313
KOPIN CORP · KOPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chi Chia Dr Hsieh
Director
Period of report
May 16, 2016
Accepted (ET)
May 18, 2016 · 5:11 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 StockF1,F2 | May 16, 2016 | P | 50,000 | $1.74 | A | 126,000 | I | See Footnote |
| Common Stock | holding | — | — | — | 110,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.73 to $1.74, inclusive. The reporting person undertakes to provide to Kopin Corporation, any security holder of Kopin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- F2The Reporting Person previously gifted shares to a family trust of which the Reporting Person and his wife are trustees. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, or for any other purpose.