SEC Form 4 · accession 0000887969-16-000124
MRV COMMUNICATIONS INC · MRVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Bonney
Officer — President & CEO · Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887969
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 1, 2016 | A | 30,000 | $0.00 | A | 64,996 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Option (Right to Buy)F2 | $10.95 | Jun 1, 2016 | A | 60,000 | A | — | Jun 1, 2026 | Common Stock | 60,000 | 60,000 | D |
Explanation of responses
- F1This grant of restricted stock vests in three equal annual installments commencing on the first anniversary of the grant date.
- F2This stock option grant vests in three equal annual installments commencing on the first anniversary of the grant date. Option expires ten years from the date of grant.