SEC Form 4/A · accession 0000915779-18-000112
DAKTRONICS INC /SD/ · DAKT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Reece A Kurtenbach
Officer — Chairman, President and CEO · Director
Period of report
Nov 27, 2018
Accepted (ET)
Nov 30, 2018 · 11:51 am 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 | Nov 27, 2018 | M | 4,347 | $8.29 | A | 289,454 | D | |
| Common StockF1 | Nov 27, 2018 | M | 6,153 | $8.29 | A | 295,607 | D | |
| Common Stock | Nov 27, 2018 | S | 6,153 | $8.6565 | D | 289,454 | D | |
| Common Stock | Nov 27, 2018 | S | 4,347 | $8.6536 | D | 285,107 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF1,F2 | $8.29 | Nov 27, 2018 | M | 4,347 | D | — | Dec 3, 2018 | Common Stock | 4,347 | 0 | D |
| Incentive Stock OptionF1,F3 | $8.29 | Nov 27, 2018 | M | 6,153 | D | — | Dec 3, 2018 | Common Stock | 6,153 | 0 | D |
Explanation of responses
- F1Original Form 4 filed on 11/28/2018 reflected an incorrect exercise price of $9.63 and an expiration date of 09/06/2028. The correct price and expiration date were $8.29 and 12/03/2018.
- F2Non-Qualified Stock Options; 20% vested each year for a total of five years - vesting schedule 12/04/2009; 12/04/2010; 12/04/2011; 12/04/2012; 12/04/2013.
- F3Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 12/04/2009; 12/04/2010; 12/04/2011; 12/04/2012; 12/04/2013.