SEC Form 4 · accession 0001209191-15-069210
SHARPS COMPLIANCE CORP · SMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Diana P Diaz
Officer — Vice President & CFO
Period of report
Sep 1, 2015
Accepted (ET)
Sep 2, 2015 · 6:02 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 | Sep 1, 2015 | M | 15,000 | $3.98 | A | 18,750 | D | |
| Common StockF2 | Sep 1, 2015 | S | 15,000 | $7.45 | D | 3,750 | 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 | $3.98 | Sep 1, 2015 | M | 15,000 | A | Nov 17, 2013 | Nov 17, 2018 | Common Stock | 15,000 | 154,845 | D |
Explanation of responses
- F1Cashless exercise and immediate sale through a broker of a stock award granted on November 17, 2011. All shares were issued under the Sharps Compliance Corp. 2010 Stock Plan, are currently exercisable and would have expired 7 years from the date of grant (November 17, 2018).
- F2This represents the weighted average sale of the 15,000 shares. Shares were sold within a range between $7.44 and $7.49.