SEC Form 4 · accession 0001354488-16-008432
LIGHTPATH TECHNOLOGIES INC · LPTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis Leeburg
Director
Period of report
Oct 27, 2016
Accepted (ET)
Nov 2, 2016 · 1:19 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 27, 2016 | A | 38,462 | A | Oct 27, 2017 | — | Class A common stock | 38,462 | 38,462 | 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 27, 2017. All directors have elected to defer receipt of the shares until they are no longer on the board. Any unvested restricted stock units will vest immediately upon the director leaving the board.