SEC Form 4 · accession 0001437749-17-009638
Genasys Inc. · GNSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John G Coburn
Director
Period of report
May 17, 2017
Accepted (ET)
May 19, 2017 · 12:18 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 StockF2 | May 17, 2017 | M | 25,000 | — | A | 66,660 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | May 17, 2017 | M | 25,000 | D | — | — | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1As reported on a Form 4 filed on March 16, 2017, the reporting person received a grant of 25,000 Restricted Stock Units ("RSUs") on March 14, 2017 which were to vest on May 17, 2017. On the vesting date, for each RSU vesting on such date, the reporting person will receive one share of LRAD Corporation common stock.
- F2No purchase price, conversion price or exercise price was paid because the restricted stock units converted into shares of common stock on a one-for-one basis.