SEC Form 4 · accession 0001437749-15-020402
Speed Commerce, Inc. · SPDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Willis
Officer — President and CEO · Director
Period of report
Nov 8, 2015
Accepted (ET)
Nov 10, 2015 · 5:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000911650
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 8, 2015 | M | 29,779 | $0.17 | A | 751,035 | D | |
| Common Stock | Nov 8, 2015 | F | 8,263 | $0.00 | D | 742,772 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | $0.00 | Nov 8, 2015 | M | 29,779 | A | Nov 8, 2015 | Nov 8, 2023 | Common Stock | 29,779 | 29,779 | D |
Explanation of responses
- F1Vesting of restricted stock unit granted pursuant to the Company's 2004 Amended and Restated Plan on November 8, 2013
- F2Surrender to the Company of shares to cover the minimum statutory tax withholding obligations occasioned by the vesting of restricted stock units.