SEC Form 4 · accession 0000819689-18-000021
MICRON SOLUTIONS INC /DE/ · MICR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derek Thomas Welch
Officer — CFO
Period of report
Mar 23, 2018
Accepted (ET)
Mar 27, 2018 · 2:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000819689
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $3.81 | Mar 23, 2018 | A | 20,000 | A | Mar 23, 2019 | Mar 23, 2028 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The option holder may exercise purchase rights for 6,667 shares on or after 3/23/2019, 6,667 additional shares on or after 3/23/2020, and 6,666 additional shares on or after 3/23/2021. A vesting provision states that, if at any time the 30-day average closing price of the stock reaches $5.00 per share, all remaining unvested options will automatically vest.