SEC Form 4 · accession 0001094891-15-000141
CPI AEROSTRUCTURES INC · CVU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth McSweeney
Director
Period of report
Apr 1, 2015
Accepted (ET)
Apr 1, 2015 · 12:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000889348
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 1, 2015 | M | 1,230 | — | A | 26,740 | 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 UnitF1,F2 | — | Apr 1, 2015 | M | 1,230 | D | — | — | Common Stock | 1,230 | 2,462 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On January 2, 2015, the reporting person was granted 3,692 restricted stock units vesting in three installments of 1,230, 1,231 and 1,231 on April 1, 2015; July 1, 2015 and October 1, 2015, respectively. Upon vesting the shares shall be promptly delivered to the reporting person.