SEC Form 4 · accession 0001388670-16-000036
Everforth Inc · EFOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael McGowan
Officer — COO, OAI; Pres, OGR
Period of report
Jun 13, 2016
Accepted (ET)
Jun 15, 2016 · 7:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000890564
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 13, 2016 | M | 30,999 | $12.90 | A | 207,083 | D | |
| Common StockF1 | Jun 13, 2016 | F | 16,537 | $37.3078 | D | 190,546 | D | |
| Common Stock | Jun 14, 2016 | M | 75,230 | $12.90 | A | 265,776 | D | |
| Common StockF2 | Jun 14, 2016 | F | 40,670 | $36.2353 | D | 225,106 | D | |
| Common StockF3 | Jun 15, 2016 | S | 8,000 | $37.0133 | D | 217,106 | D | |
| Common Stock | holding | — | — | — | 60,504 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F4 | $12.90 | Jun 13, 2016 | M | 30,999 | D | Jan 31, 2008 | Jan 31, 2017 | Common Stock | 30,999 | 75,230 | D |
| Non-Qualified Stock Option (right to buy)F4 | $12.90 | Jun 14, 2016 | M | 75,230 | D | Jan 31, 2008 | Jan 31, 2017 | Common Stock | 75,230 | 0 | D |
Explanation of responses
- F1Executive officer elected to satisfy exercise price and tax withholding obligations upon the exercise of his stock options by selling exercised shares on the open market equal to that of the executive officer's exercise price and tax liability.The $37.307750 share price is a weighted average of numerous open market trades made at prices ranging from $37.00 to $37.81.
- F2Executive officer elected to satisfy exercise price and tax withholding obligations upon the exercise of his stock options by selling exercised shares on the open market equal to that of the executive officer's exercise price and tax liability.The $36.23530 share price is a weighted average of numerous open market trades made at prices ranging from $36.00 to $36.72.
- F3The $37.01325 share price is a weighted average of open market trades made at prices ranging from $37.00 to $37.02.
- F4One- fourth of this option grant effective January 31, 2007 vested on January 31, 2008 and one forty-eighth of the grant vested thereafter on each monthly anniversary of the grant date until fully vested.