SEC Form 4 · accession 0000914139-16-000138
PARKERVISION INC · PRKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A Rosenbaum
Director
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000914139
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 15, 2016 | M | 10,000 | — | A | 190,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to BuyF2 | $2.12 | Dec 15, 2016 | A | 50,000 | A | — | Dec 15, 2023 | Common Stock | 50,000 | 40,000 | D |
| Restricted Stock Units (RSUs)F1,F3 | — | Dec 15, 2016 | A | 50,000 | A | — | — | Common Stock | 50,000 | 50,000 | D |
| Restricted Stock Units (RSUs)F1 | — | Dec 15, 2016 | M | 10,000 | D | Dec 15, 2016 | — | Common Stock | 10,000 | 40,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit (RSU) entitles the holder to one share of PRKR common stock upon vesting.
- F250,000 share options granted in on December 15, 2016 in accordance with director equity compensation program. 20% of the share options vest upon grant and the remaining vest in 8 equal quarterly increments beginning 3/15/17.
- F350,000 RSUs granted in on December 15, 2016 in accordance with director equity compensation program. 20% of the RSUs vest on upon grant and the remaining 80% vest in 8 equal quarterly increments beginning 3/15/17.