SEC Form 4 · accession 0001654954-17-009763
LIGHTPATH TECHNOLOGIES INC · LPTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Symmons
Officer — Executive VP- Operations
Period of report
Oct 26, 2017
Accepted (ET)
Oct 27, 2017 · 3:40 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 26, 2017 | A | 9,055 | A | Oct 26, 2018 | — | Class A common stock | 9,055 | 9,055 | D |
| Incentive stock optionF3 | $4.24 | Oct 26, 2017 | A | 10,284 | A | Oct 26, 2018 | Oct 26, 2027 | Class A common stock | 10,284 | 10,284 | 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 26, 2018. The restricted stock unit was granted to the reporting person in satisfaction of certain performance criteria being met for the fiscal year ended June 30, 2017.
- F3The incentive stock option was granted to the reporting person in satisfaction of certain performance criteria being met for the fiscal year ended June 30, 2017. The incentive stock options vests in three equal installments beginning on October 26, 2018.