SEC Form 4 · accession 0000086115-16-000259
SAFEGUARD SCIENTIFICS INC · SFE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey B McGroarty
Officer — Senior VP & CFO
Period of report
Aug 27, 2016
Accepted (ET)
Aug 29, 2016 · 11:18 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000086115
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 27, 2016 | A | 40 | $0.00 | A | 24,638 | D | |
| Common Stock | Aug 27, 2016 | F | 12 | $13.97 | D | 24,626 | 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)F2 | $15.07 | Aug 27, 2016 | A | 81 | A | — | Sep 30, 2021 | Common Stock | 81 | 81 | D |
Explanation of responses
- F1On September 30, 2011, the reporting person was granted a performance stock unit to acquire 1,313 shares of common stock, the vesting of which is subject to the satisfaction of certain corporate performance criteria. In accordance with the previously established criteria, a portion of such performance stock units vested and the underlying shares were issued as reported in Table I.
- F2On September 30, 2011, the reporting person was granted an option to purchase 2,625 shares of common stock, the vesting of which is subject to the satisfaction of certain corporate performance criteria. In accordance with the previously established criteria, a portion of such options vested as reported in Table II.