SEC Form 4 · accession 0001209191-15-068163
NUMEREX CORP /PA/ · NMRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Owen Smith
Officer — Chief Technology Officer
Period of report
Jul 29, 2015
Accepted (ET)
Aug 27, 2015 · 2:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000870753
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 29, 2015 | A | 6,700 | $0.00 | A | 122,762 | D | |
| Common StockF2 | holding | — | — | — | 195,380 | I | by LLP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F3 | $8.28 | Jul 29, 2015 | A | 13,300 | A | Jul 29, 2016 | Jul 29, 2025 | Common Stock | 13,300 | 13,300 | D |
Explanation of responses
- F1Restricted stock units vests 25% annually on the anniversary date of the grant.
- F2The reporting person, through a single member limited liability company, is the sole general partner of LIJE Partners LLP ("LIJE"), and the reporting person and his spouse are the sole limited partners of LIJE.
- F3Options vest at the cumulative rate of 25% per year, commencing one year from the date of grant.