SEC Form 4 · accession 0001179110-16-029322
TESSCO TECHNOLOGIES INC · TESS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Murray N Wright
Officer — President and CEO · Director
Period of report
Sep 1, 2016
Accepted (ET)
Sep 6, 2016 · 4:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000927355
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1 | $12.59 | Sep 1, 2016 | A | 250,000 | A | — | Sep 1, 2022 | Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1The options will vest 25% after 1 year and then the remainder vests 1/36 each month for 3 years.