SEC Form 4 · accession 0001415889-17-000820
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, 2016
Accepted (ET)
May 23, 2017 · 3:59 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,F2 | Oct 28, 2016 | F | 1,732 | $7.29 | D | 24,751 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Gan was granted 21,000 restricted stock units on October 28, 2015. Each restricted stock unit represents a contingent right to receive one share of Numerex Corp Common Stock (NMRX). The restricted stock units vest in four equal installments beginning on the first anniversary of the grant date. The closing share price of the company's stock on the date of grant was $8.13.
- F2Amount of Securities Beneficially Owned following the reported transaction includes 5,518 shares of Common Stock and 19,233 unvested restricted stock units.