SEC Form 4 · accession 0000921895-17-001193
FALCONSTOR SOFTWARE INC · FALC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Komet
Officer — EVP Worldwide Field Operations
Period of report
Apr 25, 2017
Accepted (ET)
Apr 26, 2017 · 4:16 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 | Apr 25, 2017 | F | 14,294 | — | D | 210,721 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction represents withholding of shares, at a value of $0.31 per share, to satisfy the tax withholding obligations following the vesting of 33,000 shares of restricted stock on April 21, 2017.