SEC Form 4 · accession 0001209191-15-069295
NUMEREX CORP /PA/ · NMRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc J Zionts
Officer — Chief Executive Officer · Director
Period of report
Sep 1, 2015
Accepted (ET)
Sep 3, 2015 · 9:12 am 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 | Sep 1, 2015 | A | 7,367 | $0.00 | A | 7,367 | D | |
| Common StockF2 | Sep 1, 2015 | A | 132,597 | $0.00 | A | 139,964 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Right to BuyF3 | $9.05 | Sep 1, 2015 | A | 17,813 | A | Sep 1, 2016 | Sep 1, 2025 | Common Stock | 17,813 | 17,813 | D |
Explanation of responses
- F1Restricted stock units vests 25% annually on the anniversary date of the grant.
- F2Restricted stock vests four years from the anniversary date of the grant.
- F3Options vest at the cumulative rate of 25% per year, commencing one year from the date of grant.