SEC Form 4 · accession 0001415889-17-000824
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
May 19, 2016
Accepted (ET)
May 23, 2017 · 4:03 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 | May 19, 2017 | M | 2,095 | — | A | 26,176 | D | |
| Common StockF2 | May 19, 2017 | F | 805 | $4.00 | D | 25,371 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | $0.00 | May 19, 2017 | M | 2,095 | D | — | — | Common Stock | 2,095 | 6,285 | D |
Explanation of responses
- F1Restricted Stock Units convert into common stock on a one-for-one basis.
- F2Amount of Securities Beneficially Owned following reported transaction includes 7,879 shares of Common Stock and 17,492 unvested restricted stock units.
- F3On May 19, 2016, the Reporting Person was granted 8,380 RSUs, vesting in four equal annual installments beginning on the first anniversary of the grant date.