SEC Form 4 · accession 0001209191-16-151339
SHARPS COMPLIANCE CORP · SMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F Gardner Parker
Director
Period of report
Nov 17, 2016
Accepted (ET)
Nov 21, 2016 · 10:02 am 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock AwardF1,F2 | Nov 17, 2016 | A | 12,748 | $0.00 | A | 273,875 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of restricted shares for the Company's common stock issued under the 2010 Sharps Compliance Stock Plan per the Sharps Compliance Non-Employee Directors and Committee Compensation. The grant represents the equity portion of the non-employee director and committee compensation services to be provided October 1, 2016-September 30, 2017. The restricted shares are subject to the terms and conditions of the underlying Restricted Stock Award Agreement and vest as follows: 25% on December 31, 2016, 25% on March 31, 2017, 25% on June 30, 2017 and 25% on September 30, 2017.
- F2Amount of securities beneficially owned following the reported transaction includes Common Stock and Restricted Stock Awards.