SEC Form 4 · accession 0000873044-17-000014
RADISYS CORP · RSYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Wilson
Officer — Chief Financial Officer
Period of report
Feb 13, 2017
Accepted (ET)
Feb 15, 2017 · 4:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000873044
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2017 | A | 27,500 | $0.00 | A | 124,490 | D | |
| Common Stock | Feb 13, 2017 | F | 11,265 | $3.90 | D | 113,225 | D | |
| Common StockF3 | Feb 13, 2017 | S | 25,000 | $3.8819 | D | 88,225 | D | |
| Common Stock | holding | — | — | — | 6,107 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Performance restricted stock units were granted on March 28, 2016 under the 2007 Stock Plan. Performance conditions relating to Tranche 1 of such performance restricted stock units were determined satisfied on February 13, 2017 and Tranche 1 of the performance restricted stock units vested on February 13, 2017. For each restricted stock unit that vested, one share of Common Stock was automatically delivered to the reporting person .
- F2The disposition of directly held shares reported on this form solely represents shares surrendered back to the company as payment of taxes on the vesting of peformance-based restricted stock units.
- F3The shares with respect to this transaction were sold at prices ranging from $3.80 to $3.95 per share, which were sold for tax purposes and financial planning. Following the sale, the reporting person remains in compliance with the applicable ownership threshold under the Company's stock ownership guidelines. The price shown is a weighted average sale price for shares sold in multiple transactions. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.