SEC Form 4 · accession 0001437749-16-025869
HAMPSHIRE GROUP LTD · HAMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John David Price
Officer — Chief Operating Officer
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 4:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887150
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2,F1 | $3.15 | Feb 19, 2016 | D | 50,000 | D | — | Jun 11, 2023 | Common Stock | 50,000 | 0 | D |
| Stock Option (Right to Buy)F2,F3 | $0.30 | Feb 19, 2016 | A | 150,000 | A | — | Feb 18, 2026 | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1The option provided for vesting in four equal annual installments beginning on June 12, 2014.
- F2The reporting person agreed to the cancellation of the option for 50,000 shares of common stock granted to him on June 12, 2013 in exchange for an option to purchase 150,000 shares at an exercise price of $0.30 per share.
- F3The option becomes exercisable in four equal annual installments beginning on February 19, 2017.