SEC Form 4 · accession 0001214659-16-012690
HOMEFED CORP · HOFD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Lobatz
Director
Period of report
Jul 14, 2016
Accepted (ET)
Jul 15, 2016 · 2:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000833795
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Jul 14, 2016 | M | 1,000 | $21.50 | A | 4,400 | D |
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)F1 | $21.50 | Jul 14, 2016 | M | 1,000 | D | — | Jul 29, 2016 | Common Shares | 1,000 | 0 | D |
| Stock Option (right to buy)F3 | $40.50 | Jul 14, 2016 | A | 1,000 | A | — | Jul 14, 2021 | Common Shares | 1,000 | 1,000 | D |
Explanation of responses
- F1The stock options were granted on July 29, 2011. Pursuant to their terms, these options become exercisable at a rate of 25% per year commencing one year after the date of grant.
- F2Granted pursuant to HomeFed Corporation's 1999 Stock Incentive Plan, as amended.
- F3The options vest at a rate of 25% per year, commencing on July 14, 2017.