SEC Form 4 · accession 0000930413-16-008714
WIRELESS TELECOM GROUP INC · WTT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Millegan
Director
Period of report
Nov 13, 2016
Accepted (ET)
Nov 14, 2016 · 9:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000878828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Nov 13, 2016 | A | 15,000 | $0.00 | A | 15,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F3 | $1.59 | Nov 13, 2016 | A | 35,000 | A | — | Nov 13, 2026 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1On November 13, 2016, the Reporting Person was granted 15,000 shares of restricted common stock, par value $0.01 per share, of the Company in connection with his service as a director of the Company. These shares will vest on the date of the Company's next annual meeting of shareholders to be held in 2017 (the "Vesting Date"), or upon change of control, provided that the Reporting Person's service as a director of the Company continues through such date.
- F2These options were granted to the reporting person in connection with his service as a director of the Company.
- F3These shares will vest on the Vesting Date, or upon change of control, provided that the Reporting Person's service as a director of the Company continues through such date.