SEC Form 4 · accession 0000825411-15-000012
SEVCON, INC. · SEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Boyle
Officer — President and CEO · Director
Period of report
Dec 16, 2015
Accepted (ET)
Dec 18, 2015 · 9:34 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000825411
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Dec 16, 2015 | A | 5,385 | $0.00 | A | 83,442 | D | |
| Common Stock | holding | — | — | — | 4,000 | I | By Wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2,F3 | $9.944 | Dec 16, 2015 | A | 4,615 | A | — | Dec 16, 2020 | Common Stock | 4,615 | 4,615 | D |
Explanation of responses
- F1Share reported are restricted stock.
- F2The exercise price of the options is 6.50 British Pounds Sterling per share. The reported figure of $9.944 is USD equivalent.
- F3Vesting will be based on the Company's achievement of certain financial metrics for fiscal 2018