SEC Form 4 · accession 0000921895-17-000710
FALCONSTOR SOFTWARE INC · FALC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Quinn
Officer — President and CEO · Director
Period of report
Mar 13, 2017
Accepted (ET)
Mar 15, 2017 · 5:22 pm EDT
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 | Mar 13, 2017 | F | 13,997 | — | D | 1,861,003 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction represents withholding of shares, at a value of $0.665 per share, to satisfy the tax withholding obligations following the vesting of 33,000 shares of restricted stock on February 18, 2017.