SEC Form 5 · accession 0001209191-16-108628
EXA CORP · EXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen A. Remondi
Officer — CEO and President · Director
Period of report
Jan 31, 2016
Accepted (ET)
Mar 15, 2016 · 5:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000890264
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $9.27 | Mar 24, 2015 | A | 12,827 | A | Mar 24, 2015 | Jun 10, 2024 | Common Stock | 12,827 | 12,827 | D |
Explanation of responses
- F1On June 10, 2014, the reporting person was granted an option to purchase up to 50,000 shares of common stock. The option vests and becomes exercisable based on Exa Corporation's satisfaction of certain performance criteria for each of the fiscal years ending January 31, 2015 and January 31, 2016. The performance criteria for the fiscal year ending January 31, 2015 were determined to have been met on March 24, 2015, resulting in the vesting of the option as to 12,827 shares.