SEC Form 4 · accession 0001209191-15-012081
MULTI FINELINE ELECTRONIX INC · MFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Duster
Director
Period of report
Feb 10, 2015
Accepted (ET)
Feb 11, 2015 · 5:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000830916
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 10, 2015 | M | 6,186 | $0.00 | A | 6,741 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Feb 10, 2015 | M | 6,186 | D | — | — | Common Stock | 6,186 | 0 | D |
Explanation of responses
- F1Acquired pursuant to the vesting of Restricted Stock Units (RSUs) granted on March 20, 2014 with no exercise price. Original vesting date of RSUs was March 5, 2015 provided that such units would vest in full prior the next annual meeting of the Company's stockholders if such meeting were to occur prior to March 5, 2015; however, vesting was accelerated by the Compensation Committee of the Board of Directors (Board) on February 10, 2015 in connection with the director's resignation from the Board.
- F2Each RSU represents a contingent right to receive one share of MFLX common stock or the cash equivalent based on the date of vesting.
- F3RSUs vested on February 10, 2015.