SEC Form 4 · accession 0001654954-17-009013
ACCESS Newswire Inc. · ACCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Patrick Galleher
Director
Period of report
Sep 28, 2017
Accepted (ET)
Oct 2, 2017 · 11:02 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000843006
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF1 | $13.00 | Sep 28, 2017 | A | 8,000 | A | — | Sep 28, 2027 | Common Stock | 8,000 | 8,000 | D |
| Restricted Stock UnitF2 | $0.00 | Sep 28, 2017 | A | 2,000 | A | — | — | Common Stock | 2,000 | 2,000 | D |
Explanation of responses
- F1These options vest on the earlier of (i) the date of the following year's annual meeting of stockholders (but only for a non-employee director who ceases to be a member of the Board of Directors at such annual meeting as a result of not standing for re-election or not being re-elected) or (ii) September 28, 2018. The Reporting Person must be a member of the Board of Directors as of the vesting date.
- F2This restricted stock unit vests on the earlier of (i) the date of the following year's annual meeting of stockholders (but only for a non-employee director who ceases to be a member of the Board of Directors at such annual meeting as a result of not standing for re-election or not being re-elected) or (ii) September 28, 2018. The Reporting Person must be a member of the Board of Directors as of the vesting date.