SEC Form 4 · accession 0001437749-15-022081
TUCOWS INC /PA/ · TCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David John Woroch
Officer — EVP Wholesale
Period of report
Dec 10, 2015
Accepted (ET)
Dec 11, 2015 · 1:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000909494
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 10, 2015 | M | 32,000 | $2.80 | A | 88,517 | D | |
| Common Stock | Dec 10, 2015 | F | 10,781 | $23.82 | D | 77,736 | D | |
| Common Stock | Dec 10, 2015 | M | 8,750 | $2.92 | A | 86,486 | D | |
| Common Stock | Dec 10, 2015 | F | 2,948 | $23.82 | D | 83,538 | D | |
| Common Stock | holding | — | — | — | 54,984 | I | Per D. Woroch RRSP | |
| Common Stock | holding | — | — | — | 10,750 | I | Per S. Dagelman RRSP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy common stock) | $2.80 | Dec 10, 2015 | M | 32,000 | D | May 16, 2014 | May 16, 2017 | Common Stock | 32,000 | 0 | D |
| Stock Option (right to buy common stock) | $2.92 | Dec 10, 2015 | M | 8,750 | D | Aug 14, 2015 | Aug 14, 2018 | Common Stock | 8,750 | 0 | D |
Explanation of responses
- F1Under the terms of the Issuer's stock incentive plan, these shares were withheld by the Issuer to cover the option exercise price and tax withholding obligations related to the net exercise of the above options.