SEC Form 4 · accession 0001213900-15-004593
SOLITRON DEVICES INC · SODI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shevach Saraf
Officer — Chair, Pres, CEO, CFO & Treas · Director · 10% Owner
Period of report
Jun 18, 2015
Accepted (ET)
Jun 19, 2015 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000091668
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 18, 2015 | M | 140,187 | $1.05 | A | 360,342 | D | |
| Common Stock | Jun 18, 2015 | F | 29,315 | $4.46 | D | 331,027 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1,F2 | $1.05 | Jun 18, 2015 | M | 140,187 | D | — | — | Common Stock | 140,187 | 35,449 | D |
| Stock Options (right to buy)F1,F2 | $0.40 | holding | — | — | — | — | — | Common Stock | 254,624 | 254,624 | D |
Explanation of responses
- F1These options are fully vested and immediately exercisable.
- F2These options do not have an expiration date.