SEC Form 4 · accession 0001240679-16-000035
UFP TECHNOLOGIES INC · UFPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Jeffrey Bailly
Officer — President and CEO · Director
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 4:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000914156
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 Par ValueF1 | Feb 22, 2016 | A | 6,932 | $0.00 | A | 647,243 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents stock unit awards granted on February 22, 2016, under the issuer's 2003 Incentive Plan the vesting under which is soley time-based, that are to be settled solely in shares of common stock. The units vest with respect to one-third of the shares on March 1, 2018 and with respect to an additional one-third on each of March 1, 2019 and 2020, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.