SEC Form 4 · accession 0001330694-16-000004
SONO TEK CORP · SOTK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen James Bagley
Officer — CFO
Period of report
Jul 21, 2016
Accepted (ET)
Jul 25, 2016 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000806172
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sono-Tek Corp OptionsF1 | $0.91 | Jul 21, 2016 | A | 30,000 | A | Mar 15, 2017 | Jul 20, 2026 | Sono-Tek Corp Common Stock | 30,000 | 30,000 | D |
| Sono-Tek Corp OptionsF2 | $0.91 | Jul 21, 2016 | A | 30,000 | A | Mar 15, 2018 | Jul 20, 2026 | Sono-Tek Corp Common Stock | 30,000 | 60,000 | D |
| Sono-Tek Corp OptionsF3 | $0.91 | Jul 21, 2016 | A | 40,000 | A | Mar 15, 2019 | Jul 20, 2026 | Sono-Tek Corp Common Stock | 40,000 | 100,000 | D |
Explanation of responses
- F1On July 21, 2016, the reporting person was granted an option to purchase 30,000 shares of common stock. If the reporting person is employed by the issuer on 02/28/2017, the option becomes exercisable in three annual installments on March 15, 2017, March 15, 2018 and March 15, 2019.
- F2On July 21, 2016, the reporting person was granted an option to purchase 30,000 shares of common stock. If the reporting person is employed by the issuer on 02/28/2018, the option becomes exercisable in three annual installments on March 15, 2018, March 15, 2019 and March 15, 2020.
- F3On July 21, 2016, the reporting person was granted an option to purchase 40,000 shares of common stock. If the reporting person is employed by the issuer on 02/28/2019, the option becomes exercisable in three annual installments on March 15, 2019, March 15, 2020 and March 15, 2021.