SEC Form 4 · accession 0001123292-16-002977
WESTWATER RESOURCES, INC. · WWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Murrel Jones
Officer — President and CEO · Director
Period of report
Nov 9, 2016
Accepted (ET)
Nov 17, 2016 · 5:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000839470
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 9, 2016 | D | 306 | — | D | 16,799 | D | |
| Common StockF2 | Nov 9, 2016 | M | 2,908 | — | A | 19,707 | 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 UnitsF2,F3 | — | Nov 9, 2016 | M | 2,908 | D | — | — | Common Stock | 2,908 | 2,170 | D |
Explanation of responses
- F1Represents forfeiture of restricted shares based upon partial satisfaction of annual performance objectives.
- F2Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock following vesting of the restricted stock units.
- F3On June 4, 2014, Mr. Jones was granted 6,510 performance-based restricted stock units that vest in three equal installments based on the satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2014, 2015 and 2016.