SEC Form 4 · accession 0001437749-15-011893
Genasys Inc. · GNSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas R Brown
Officer — CEO · Director
Period of report
Jun 4, 2015
Accepted (ET)
Jun 5, 2015 · 6:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000924383
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 4, 2015 | M | 112,500 | $1.24 | A | 299,900 | D | |
| Common Stock | Jun 4, 2015 | S | 100,000 | $2.43 | D | 199,900 | D | |
| Common Stock | Jun 4, 2015 | S | 12,300 | $2.45 | D | 187,600 | D | |
| Common Stock | Jun 4, 2015 | S | 200 | $2.455 | D | 187,400 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $1.24 | Jun 4, 2015 | M | 112,500 | D | — | Jun 15, 2015 | Common Stock | 112,500 | 62,500 | D |
Explanation of responses
- F1The option to purchase shares vests as to 1/3 of the shares on the date of grant at 6/15/2010 and 1/12 quarterly thereafter until fully vested.