SEC Form 4 · accession 0001140361-15-025038
WAVE SYSTEMS CORP · WAVX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R. Stephen Cheheyl
Director
Period of report
Jun 18, 2015
Accepted (ET)
Jun 22, 2015 · 4:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000919013
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 18, 2015 | A | 62,500 | A | — | — | Class A Common Stock, par value $0.01 per share | 62,500 | 62,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of WAVX common stock.
- F2On June 18, 2015, the Reporting Person was granted options to purchase 62,500 shares of Class A common stock under the Company's 2015 Wave Systems Corp. Long-Term Incentive Plan. These stock options vest one year following the date of the grant.