SEC Form 4 · accession 0001209191-15-006496
BTU INTERNATIONAL INC · BTUI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph F Wrinn
Director
Period of report
Jan 26, 2015
Accepted (ET)
Jan 26, 2015 · 4:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000840883
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 26, 2015 | M | 3,440 | $2.18 | A | 22,075 | D | |
| Common Stock | Jan 26, 2015 | M | 3,261 | $2.30 | A | 25,336 | D | |
| Common Stock | Jan 26, 2015 | M | 3,000 | $2.35 | A | 28,336 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (right to buy)F1 | $2.18 | Jan 26, 2015 | M | 3,440 | D | Oct 1, 2013 | Oct 1, 2017 | Common Stock | 3,440 | 0 | D |
| Options (right to buy)F1 | $2.30 | Jan 26, 2015 | M | 3,261 | D | Apr 1, 2014 | Apr 1, 2018 | Common Stock | 3,261 | 0 | D |
| Options (right to buy)F1,F2 | $2.35 | Jan 26, 2015 | M | 3,000 | D | — | May 24, 2020 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1Price is omitted because the transaction is a grant of a stock option.
- F2This option, which was to vest in four (4) equal annual installments with the first installment vesting on May 24, 2014, was accelerated in its entirety in connection with the issuer's merger with Amtech Systems, Inc.