SEC Form 4 · accession 0000898770-19-000012
SHARPS COMPLIANCE CORP · SMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Diana P Diaz
Officer — Vice President and CFO
Period of report
Feb 13, 2019
Accepted (ET)
Feb 14, 2019 · 5:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000898770
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1 | $3.80 | Feb 13, 2019 | A | 100,000 | A | Feb 13, 2020 | Feb 13, 2026 | Common Stock | 100,000 | 214,845 | D |
Explanation of responses
- F1Mrs. Diaz was granted options to purchase 100,000 shares of common stock under the Sharps Compliance 2010 Stock Plan which vests as follows: one-fourth on February 13, 2020, one-fourth on February 13, 2021, one-fourth on February 13, 2022 one-fourth on February 13, 2023. The exercise price of the stock is $3.80 according to the agreement. Upon a change in control, as defined in the 2010 Stock Plan, any unvested stock options become fully vested. Upon any separation from service, holders of the stock options will be entitled to exercise the stock options for up to two (2) years after the date of separation.