SEC Form 4 · accession 0001437749-15-012254
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 10, 2015
Accepted (ET)
Jun 12, 2015 · 8:20 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 10, 2015 | M | 35,197 | $1.24 | A | 222,597 | D | |
| Common Stock | Jun 10, 2015 | S | 35,197 | $2.35 | D | 187,400 | D | |
| Common Stock | Jun 12, 2015 | M | 27,303 | $1.24 | A | 214,703 | 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 10, 2015 | M | 35,197 | D | — | Jun 15, 2015 | Common Stock | 35,197 | 27,303 | D |
| Stock Option (Right to Buy)F2 | $1.24 | Jun 12, 2015 | M | 27,303 | D | — | Jun 15, 2015 | Common Stock | 27,303 | 0 | 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.
- F2The 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.