SEC Form 4 · accession 0001209191-15-078581
NUMEREX CORP /PA/ · NMRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shu Gan
Officer — Chief Marketing Officer
Period of report
Oct 28, 2015
Accepted (ET)
Nov 5, 2015 · 8:32 am EST
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 | Oct 28, 2015 | A | 21,000 | $0.00 | A | 21,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common stockF2 | $8.13 | Oct 28, 2015 | A | 51,000 | A | Oct 28, 2016 | Oct 28, 2025 | Common Stock | 51,000 | 51,000 | D |
Explanation of responses
- F1Restricted stock units vests 25% annually on the anniversary date of the grant.
- F2Options vest at the cumulative rate of 25% per year, commencing one year from the date of grant.