SEC Form 4 · accession 0001437749-17-008880
TUCOWS INC /PA/ · TCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Goldstein
Officer — VP Marketing
Period of report
May 11, 2017
Accepted (ET)
May 12, 2017 · 12:38 pm EDT
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 | May 11, 2017 | M | 2,500 | $2.92 | A | 6,663 | D | |
| Common StockF1 | May 11, 2017 | F | 762 | $57.05 | D | 5,901 | D | |
| Common Stock | May 11, 2017 | M | 6,125 | $5.52 | A | 12,026 | D | |
| Common StockF1 | May 11, 2017 | F | 2,074 | $57.05 | D | 9,952 | D | |
| Common Stock | May 11, 2017 | M | 2,343 | $8.56 | A | 12,295 | D | |
| Common StockF1 | May 11, 2017 | F | 885 | $57.05 | D | 11,410 | D | |
| Common Stock | May 11, 2017 | M | 1,600 | $15.93 | A | 13,010 | D | |
| Common StockF1 | May 11, 2017 | F | 756 | $57.05 | D | 12,254 | D | |
| Common Stock | May 11, 2017 | M | 2,500 | $19.41 | A | 14,754 | D | |
| Common StockF1 | May 11, 2017 | F | 1,292 | $57.05 | D | 13,462 | D | |
| Common Stock | May 11, 2017 | M | 1,250 | $21.10 | A | 14,712 | D | |
| Common StockF1 | May 11, 2017 | F | 673 | $57.05 | D | 14,039 | D |
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) | $2.92 | May 11, 2017 | M | 2,500 | D | Aug 14, 2014 | Aug 14, 2018 | Common Stock | 2,500 | 0 | D |
| Stock Option (Right to Buy) | $5.52 | May 11, 2017 | M | 6,125 | D | May 17, 2016 | May 17, 2019 | Common Stock | 6,125 | 0 | D |
| Stock Option (Right to Buy)F2 | $8.56 | May 11, 2017 | M | 2,343 | D | May 12, 2017 | May 12, 2020 | Common Stock | 2,343 | 762 | D |
| Stock Option (Right to Buy)F2 | $15.93 | May 11, 2017 | M | 1,600 | D | Aug 10, 2018 | Aug 10, 2021 | Common Stock | 1,600 | 1,600 | D |
| Stock Option (Right to Buy)F2 | $19.41 | May 11, 2017 | M | 2,500 | D | Dec 31, 2019 | Dec 31, 2021 | Common Stock | 2,500 | 2,500 | D |
| Stock Option (Right to Buy) | $21.10 | May 11, 2017 | M | 1,250 | D | Dec 31, 2020 | Dec 31, 2022 | Common Stock | 1,250 | 3,750 | 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.
- F2Stock options granted under the 2006 Equity Compensation Plan vest in four (4) equal installments of 25% each beginning on the first anniversary of the grant date.