SEC Form 4 · accession 0001437749-15-021582
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 27, 2015
Accepted (ET)
Nov 30, 2015 · 5:26 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 27, 2015 | M | 36,667 | $0.13 | A | 779,439 | D | |
| Common Stock | Nov 27, 2015 | F | 11,972 | $0.00 | D | 767,467 | 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 UnitF2 | $0.00 | Nov 27, 2015 | M | 36,667 | A | Nov 27, 2015 | Nov 26, 2022 | Common Stock | 36,667 | 0 | D |
Explanation of responses
- F1Surrender to the Company of shares to cover the minimum statutory tax withholding obligations occasioned by the vesting of restricted stock units.
- F2Vesting of restricted stock unit granted pursuant to the Company's 2004 Amended and Restated Plan on November 26, 2012.