SEC Form 4 · accession 0000915779-15-000136
DAKTRONICS INC /SD/ · DAKT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reece A Kurtenbach
Officer — Chairman, President and CEO · Director
Period of report
Dec 2, 2015
Accepted (ET)
Dec 3, 2015 · 3:53 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 2, 2015 | M | 315 | $0.00 | A | 248,092 | D | |
| Common Stock | holding | — | — | — | 11,200 | I | Child D | |
| Common Stock | holding | — | — | — | 17,400 | I | by Spouse | |
| Common Stock | holding | — | — | — | 11,200 | I | Child A | |
| Common Stock | holding | — | — | — | 27,477 | I | by 401k | |
| Common Stock | holding | — | — | — | 11,200 | I | Child B | |
| Common Stock | holding | — | — | — | 11,200 | I | Child C |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Dec 2, 2015 | M | 315 | D | — | — | Common Stock | 315 | 14,184 | D |
Explanation of responses
- F1On December 2, 2015, 315 of the reporting persons restricted stock units vested, 315 shares of Common Stock were delivered.
- F2Restricted Stock Units granted on 12/2/2010 vest 20% each year for five years beginning on 12/2/2011. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.