SEC Form 4 · accession 0001140361-15-036841
KEY TECHNOLOGY INC · KTEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Nichols
Officer — Vice President-Global Aftermkt
Period of report
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 2:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000906193
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 1, 2015 | F | 545 | $11.76 | D | 43,327 | D | |
| Common StockF2 | Oct 1, 2015 | F | 380 | $11.76 | D | 42,947 | D | |
| Common StockF3 | Oct 1, 2015 | F | 407 | $11.76 | D | 42,540 | D | |
| Common StockF4 | Oct 1, 2015 | D | 12,550 | $0.00 | D | 29,990 | D | |
| Common StockF5 | Oct 1, 2015 | D | 8,739 | $0.00 | D | 21,251 | D | |
| Common StockF5,F6 | Oct 1, 2015 | D | 1,435 | $0.00 | D | 19,941 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Delivery of shares to Company to satisfy tax withholding obligations in connection with lapse of restriction on 2,060 shares of restricted common stock.
- F2Delivery of shares to Company to satisfy tax withholding obligations in connection with lapse of restriction on 1,435 shares of restricted common stock.
- F3Delivery of shares to Company to satisfy tax withholding obligations in connection with lapse of restriction on 1,537 shares of restricted common stock.
- F4Represents restricted stock shares forfeited because certain performance criteria were not achieved.
- F5Represents restricted stock shares forfeited due to end of employment.
- F6Includes 125 shares purchased on September 30, 2015 under the Key Technology, Inc. Employee Stock Purchase Plan.