SEC Form 4 · accession 0001094891-16-000439
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, 2016
Accepted (ET)
Apr 1, 2016 · 2:48 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, 2016 | M | 1,291 | — | A | 31,784 | 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, 2016 | M | 1,291 | D | — | — | Common Stock | 1,291 | 2,582 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The restricted stock units vest in three equal installments of 1,291 on April 1, 2016, July 1, 2016 and October 3, 2016, respectively. Upon vesting the shares shall be promptly delivered to the reporting person.