SEC Form 4 · accession 0001123292-16-002979
WESTWATER RESOURCES, INC. · WWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey L. Vigil
Officer — Vice President-Finance and CFO
Period of report
Nov 9, 2016
Accepted (ET)
Nov 17, 2016 · 5:28 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 | M | 3,148 | — | A | 7,941 | D | |
| Common StockF2 | Nov 9, 2016 | F | 1,006 | $1.19 | D | 6,935 | 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 UnitsF1,F3 | — | Nov 9, 2016 | M | 1,985 | D | — | — | Common Stock | 1,985 | 0 | D |
| Restricted Stock UnitsF1,F4 | — | Nov 9, 2016 | M | 1,163 | D | — | — | Common Stock | 1,163 | 868 | D |
Explanation of responses
- F1Each 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.
- F2Shares withheld to cover taxes upon vesting of restricted stock units. No shares were sold.
- F3On July 30, 2013, Mr. Vigil was granted 4,444 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, 2013, 2014 and 2015.
- F4On June 4, 2014, Mr. Vigil was granted 3,581 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.