SEC Form 4 · accession 0000915779-15-000123
DAKTRONICS INC /SD/ · DAKT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley T Wiemann
Officer — Exec Vice President
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 3:47 pm EST
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 | Dec 1, 2015 | M | 420 | $0.00 | A | 91,011 | D | |
| Common Stock | Dec 1, 2015 | F | 114 | $8.78 | D | 90,897 | D | |
| Common StockF2 | Dec 1, 2015 | J | 1,592 | $0.00 | A | 36,932 | I | by 401k |
| Common Stock | holding | — | — | — | 539 | I | by Spouse |
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 | Dec 1, 2015 | M | 420 | D | — | — | Common Stock | 420 | 8,799 | D |
Explanation of responses
- F1On December 1, 2015, 420 shares of the reporting person restricted stock units vested, 306 shares of Common Stock were delivered, and 114 shares of Common Stock were withheld by the Company to satisfy income tax withholding obligation.
- F2Between April 15, 2015 and December 1, 2015, the reporting person acquired 1,591.5362 shares of common stock of Daktronics, Inc. under the Daktronics, Inc. 401k Plan.
- F3Restricted Stock Units granted on 12/1/2011 vest 20% each year for five years beginning on 12/1/2012. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.