SEC Form 4 · accession 0001104659-16-121257
CASCADE MICROTECH INC · CSCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Y Chen
Director · 10% Owner
Period of report
May 14, 2016
Accepted (ET)
May 16, 2016 · 12:22 pm EDT
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,F2 | May 14, 2016 | M | 1,250 | $0.00 | A | 34,999 | 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 UnitF1,F2,F3 | $0.00 | May 14, 2016 | M | 1,250 | D | May 14, 2016 | — | Common Stock | 1,250 | 0 | D |
Explanation of responses
- F1Each 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 Director, these Restricted Stock Units vest in four equal quarterly installments of 1,250 shares each with all shares becoming fully vested on May 14, 2016.
- F2These units do not carry a conversion price.
- F3These units do not expire.