SEC Form 4 · accession 0001104659-15-007890
CASCADE MICROTECH INC · CSCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Burger
Officer — President & CEO · Director
Period of report
Feb 6, 2015
Accepted (ET)
Feb 9, 2015 · 5:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000864559
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 6, 2015 | M | 3,750 | $0.00 | A | 71,409 | D | |
| Common StockF2 | Feb 6, 2015 | F | 1,357 | $14.34 | D | 70,052 | 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,F4 | $0.00 | Feb 6, 2015 | M | 3,750 | D | Feb 6, 2015 | — | Common Stock | 3,750 | 11,250 | D |
Explanation of responses
- F1These Restricted Stock Units do not carry a conversion price.
- F2Per the terms of the agreement and using aggregate market value sufficient to pay applicable taxes, shares were withheld and surrendered to the Company to satisfy tax withholding obligation in connection with the vesting of Restricted Stock Units.
- F3Each Restricted Stock Unit represents a right to receive one share of Cascade Microtech Inc. Common Stock upon vesting. Provided that the individual continues to hold the status of Employee, then Restricted Stock Units cliff vest on the anniversary date of the award.
- F4Restricted Stock Units have no expiration date.