SEC Form 4 · accession 0000915779-15-000061
DAKTRONICS INC /SD/ · DAKT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Bradley T Wiemann
Officer — Exec Vice President
Period of report
Aug 23, 2015
Accepted (ET)
Aug 25, 2015 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000915779
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 23, 2015 | M | 600 | $0.00 | A | 113,289 | D | |
| Common StockF1 | Aug 23, 2015 | M | 600 | $0.00 | A | 113,889 | D | |
| Common StockF2 | Aug 23, 2015 | M | 432 | $0.00 | A | 114,321 | D | |
| Common Stock | Aug 23, 2015 | F | 158 | $11.70 | D | 114,163 | D | |
| Common Stock | Aug 23, 2015 | F | 158 | $11.70 | D | 114,005 | D | |
| Common Stock | Aug 23, 2015 | F | 114 | $11.70 | D | 113,891 | D | |
| Common Stock | holding | — | — | — | 535 | I | by Spouse | |
| Common Stock | holding | — | — | — | 35,340 | I | by 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Aug 23, 2015 | M | 600 | D | — | — | Common Stock | 600 | 7,251 | D |
| Restricted Stock UnitsF4 | $0.00 | Aug 23, 2015 | M | 600 | D | — | — | Common Stock | 600 | 6,651 | D |
| Restricted Stock UnitsF5 | $0.00 | Aug 23, 2015 | M | 432 | D | — | — | Common Stock | 432 | 6,219 | D |
Explanation of responses
- F1On August 23, 2015, 600 of the reporting person restricted stock units vested, 442 shares of Common Stock were delivered, and 158 shares of Common Stock were withheld by the Company to satisfy income tax withholding obligation.
- F2On August 23, 2015, 432 of the reporting persons restricted stock units vested, 318 shares of Common Stock were delivered, and 114 shares of Common Stock were withheld by the Company to satisfy income tax withholding obligation.
- F3Restricted Stock Units granted on 8/22/2013 vest 20% each year for five years beginning on 8/23/2014. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
- F4Restricted Stock Units granted on 9/4/14 vest 20% each year for five years beginning on 8/23/2015. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
- F5Restricted Stock Units granted on 8/23/2012 vest 20% each year for five years beginning on 8/23/2013. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.