SEC Form 4 · accession 0000921895-16-006045
FALCONSTOR SOFTWARE INC · FALC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Irwin Lieber
Director
Period of report
Nov 4, 2016
Accepted (ET)
Nov 8, 2016 · 7:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922521
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 4, 2016 | A | 14,201 | $0.00 | A | 1,788,028 | D | |
| Common StockF2 | holding | — | — | — | 164,000 | I | By Buckland Focus Fund |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Restricted Stock granted under the FalconStor Software 2016 Incentive Stock Plan as payment for board of director fees related to services performed for the second and third quarters of 2016. Such shares fully vested on November 4, 2016.
- F2Mr. Lieber is a general partner of Buckland Focus Fund. Mr. Lieber disclaims beneficial ownership of these securities except to the extent of his equity interest therein.