SEC Form 4 · accession 0001354488-15-004771
LIGHTPATH TECHNOLOGIES INC · LPTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M. Scott Faris
Director
Period of report
Oct 29, 2015
Accepted (ET)
Oct 30, 2015 · 3:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000889971
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitF1,F2 | $0.00 | Oct 29, 2015 | A | 33,785 | A | Oct 29, 2016 | — | Class A Common Stock | 33,785 | 33,785 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- F2The restricted stock units vest equally over a three year period beginning on October 29, 2016. All directors have elected to defer receipt of the shares until they are no longer on the board of directors. Any unvested restricted stock units will immediately vest upon the director leaving the board.