SEC Form 4 · accession 0001209191-15-069206
SHARPS COMPLIANCE CORP · SMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Tusa
Officer — CEO and President · Director
Period of report
Aug 31, 2015
Accepted (ET)
Sep 2, 2015 · 6:00 pm EDT
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 | Aug 31, 2015 | M | 50,000 | $2.10 | A | 165,000 | D | |
| Common StockF1 | Aug 31, 2015 | S | 50,000 | $7.25 | D | 115,000 | D | |
| Common Stock | Sep 1, 2015 | S | 10,000 | $7.45 | D | 105,000 | D | |
| Common Stock | Sep 2, 2015 | M | 5,625 | $3.05 | A | 110,625 | D | |
| Common Stock | Sep 2, 2015 | S | 5,625 | $7.89 | D | 105,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sharps Compliance 2010 Stock PlanF3 | $2.10 | Aug 31, 2015 | M | 50,000 | A | Nov 6, 2012 | Nov 6, 2015 | Common Stock | 50,000 | 449,895 | D |
| Sharps Compliance 2010 Stock Plan | $3.05 | Sep 2, 2015 | M | 5,625 | A | Nov 7, 2014 | Nov 7, 2019 | Common Stock | 5,625 | 444,270 | D |
Explanation of responses
- F1This represents the weighted average sale of the 50,000 shares. Shares were sold within a range between $7.20 and $7.35.
- F2Cashless exercise and immediate sale through a broker of a stock award granted on November 7, 2012. All shares were issued under the Sharps Compliance Corp. 2010 Stock Plan, are currently exercisable and would have expired on November 7, 2019.
- F3This option is fully vested and exercisable.