SEC Form 4 · accession 0001140361-17-028301
CELADON GROUP INC · CGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Will
Officer — Chairman of the Board & CEO · Director
Period of report
Jul 18, 2017
Accepted (ET)
Jul 20, 2017 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000865941
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 18, 2017 | D | 22,500 | $0.00 | D | 229,100 | D | |
| Common StockF1 | Jul 18, 2017 | D | 17,600 | $0.00 | D | 211,500 | D | |
| Common Stock | holding | — | — | — | 2,800 | I | By Son | |
| Common Stock | holding | — | — | — | 2,800 | I | By Son | |
| Common Stock | holding | — | — | — | 2,800 | I | By Daughter |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right-to-Buy)F2,F3 | $8.67 | Jul 18, 2017 | D | 147,206 | D | — | Oct 26, 2017 | Common Stock | 147,206 | 0 | D |
Explanation of responses
- F1Reflects forfeiture of unvested shares of restricted stock in connection with the reporting person's retirement.
- F2Reflects forfeiture of unexercised stock options in connection with the reporting person's retirement.
- F3The option to purchase 147,206 shares of Issuer's common stock became exercisable in increments of twenty-five percent (25%) on each of 10/26/2008, 10/26/2009, 10/26/2010, and 10/26/2011.