SEC Form 4 · accession 0001553350-17-000627
PRO DEX INC · PDEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Lee Van Kirk Jr.
Officer — Chief Executive Officer · Director
Period of report
Aug 4, 2016
Accepted (ET)
May 17, 2017 · 12:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000788920
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock - ESPP | Aug 4, 2016 | J | 198 | $4.9115 | A | 18,157 | D | |
| Common Stock - ESPP | Feb 2, 2017 | J | 573 | $4.53 | A | 18,730 | D | |
| Common Stock | May 16, 2017 | M | 3,334 | $4.38 | A | 22,064 | D | |
| Common StockF2 | May 16, 2017 | F | 2,394 | $6.10 | D | 19,700 | 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 Option (Right to Buy)F3 | $4.38 | May 16, 2017 | M | 3,334 | D | May 18, 2011 | May 18, 2017 | Common Stock | 3,334 | 0 | D |
Explanation of responses
- F1These purchases were made pursuant to an Employee Stock Purchase Plan under Section 423 in exempt transactions pursuant to Rule 16b-3.
- F2Reflects 2,394 shares withheld by the Issuer at the market price of $6.10 per share less an exercise price of $4.38 per share to fund the cashless exercise of 3,334 options.
- F3Stock options under the Issuer's Second Amended and Restated 2004 Employee Stock Option Plan. The option shares are fully vested.