SEC Form 4 · accession 0001209191-15-013470
SHARPS COMPLIANCE CORP · SMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Khairan M Aladwani
Officer — V. P. of Quality Control
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000898770
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 11, 2015 | M | 16,667 | $2.80 | A | 20,667 | D | |
| Common Stock | Feb 11, 2015 | S | 800 | $4.65 | D | 19,867 | D | |
| Common Stock | Feb 11, 2015 | S | 300 | $4.66 | D | 19,567 | D | |
| Common Stock | Feb 11, 2015 | S | 1,800 | $4.67 | D | 17,767 | D | |
| Common Stock | Feb 11, 2015 | S | 2,198 | $4.68 | D | 15,569 | D | |
| Common Stock | Feb 11, 2015 | S | 1,100 | $4.69 | D | 14,469 | D | |
| Common Stock | Feb 11, 2015 | S | 2,068 | $4.70 | D | 12,401 | D | |
| Common Stock | Feb 11, 2015 | S | 100 | $4.708 | D | 12,301 | D | |
| Common Stock | Feb 11, 2015 | S | 1,199 | $4.71 | D | 11,102 | D | |
| Common Stock | Feb 11, 2015 | S | 601 | $4.72 | D | 10,501 | D | |
| Common Stock | Feb 11, 2015 | S | 300 | $4.73 | D | 10,201 | D | |
| Common Stock | Feb 11, 2015 | S | 300 | $4.74 | D | 9,901 | D | |
| Common Stock | Feb 11, 2015 | S | 600 | $4.75 | D | 9,301 | D | |
| Common Stock | Feb 11, 2015 | S | 501 | $4.76 | D | 8,800 | D | |
| Common Stock | Feb 11, 2015 | S | 300 | $4.77 | D | 8,500 | D | |
| Common Stock | Feb 11, 2015 | S | 900 | $4.85 | D | 7,600 | D | |
| Common Stock | Feb 11, 2015 | S | 100 | $4.86 | D | 7,500 | D | |
| Common Stock | Feb 11, 2015 | S | 3,200 | $4.88 | D | 4,300 | D | |
| Common Stock | Feb 11, 2015 | S | 300 | $4.89 | D | 4,000 | D |
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 | $2.80 | Feb 11, 2015 | M | 16,667 | A | Jun 23, 2011 | Jun 23, 2015 | Common Stock | 16,667 | 75,650 | D |
Explanation of responses
- F1Cashless exercise and immediate sale through a broker of a stock award granted on June 23, 2008. All shares were issued under the Sharps Compliance Corp. 1993 Stock Plan, are currently exercisable and would have expired 7 years from the date of grant (June 23, 2015). Shares were exercised and sold due to upcoming expiration.