SEC Form 4 · accession 0000921895-17-000086
FALCONSTOR SOFTWARE INC · FALC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry Rudolph
Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 24, 2017 · 4:32 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 | Jan 3, 2017 | A | 10,000 | $0.00 | A | 10,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock granted under the Company's 2016 Outside Directors Equity Compensation Plan. The restrictions will lapse as to 33% of the shares on each of January 3, 2018 and January 3, 2019. The restrictions will lapse as to the remaining 34% of the shares on January 3, 2020.