SEC Form 4 · accession 0000921895-17-001321
FALCONSTOR SOFTWARE INC · FALC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry Rudolph
Director
Period of report
May 3, 2017
Accepted (ET)
May 5, 2017 · 6:07 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 | May 3, 2017 | A | 94,117 | $0.00 | A | 116,779 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Restricted Stock granted to the Reporting Person under the Issuer's 2016 Outside Directors Equity Compensation Plan. The restrictions will lapse as follows: on May 3, 2018 as to 33%, on May 3, 2019 as to 33%, and on May 3, 2020 as to the remaining 34%.