SEC Form 4 · accession 0001104659-15-079439
CASCADE MICROTECH INC · CSCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ellen Raim
Officer — VP, Human Resources
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 9:42 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 | Nov 12, 2015 | M | 1,000 | $0.00 | A | 24,966 | D | |
| Common StockF2 | Nov 12, 2015 | F | 364 | $15.59 | D | 24,602 | 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 | Nov 12, 2015 | M | 1,000 | D | Nov 12, 2015 | — | Common Stock | 1,000 | 2,000 | 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. Restricted Stock Units cliff vest annually on the anniversary date of the award in four annual installments.
- F4Restricted Stock Units have no expiration date.