SEC Form 4 · accession 0001437749-17-008884
TUCOWS INC /PA/ · TCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Nathan Schwartz
Director
Period of report
May 11, 2017
Accepted (ET)
May 12, 2017 · 1:19 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 | 9,375 | $5.52 | A | 40,000 | D | |
| Common StockF1 | May 11, 2017 | F | 2,191 | $57.05 | D | 37,809 | D | |
| Common Stock | May 11, 2017 | M | 3,750 | $8.92 | A | 41,559 | D | |
| Common StockF1 | May 11, 2017 | F | 1,066 | $57.05 | D | 40,493 | D | |
| Common Stock | May 11, 2017 | M | 3,750 | $15.51 | A | 44,243 | D | |
| Common StockF1 | May 11, 2017 | F | 1,434 | $57.05 | D | 42,809 | 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) | $5.52 | May 11, 2017 | M | 9,375 | D | Sep 11, 2012 | Sep 10, 2017 | Common Stock | 9,375 | 0 | D |
| Stock Option (Right to Buy) | $8.92 | May 11, 2017 | M | 3,750 | D | Sep 11, 2013 | Sep 10, 2018 | Common Stock | 3,750 | 0 | D |
| Stock Option (Right to Buy) | $15.51 | May 11, 2017 | M | 3,750 | D | Sep 8, 2014 | Sep 8, 2019 | Common Stock | 3,750 | 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.