SEC Form 4 · accession 0001437749-18-004899
Genasys Inc. · GNSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John G Coburn
Director
Period of report
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 5:19 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 | Mar 14, 2018 | M | 25,000 | — | A | 91,660 | 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 | — | Mar 14, 2018 | M | 25,000 | A | — | — | Common Stock | 25,000 | 91,600 | D |
Explanation of responses
- F1The reporting person received a grant of 25,000 Restricted Stock Units (RSUs) on March 14, 2017. These vested on March 14, 2018 and the reporting person received one share of LRAD Corporation common stock for each RSU.
- 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.