SEC Form 4 · accession 0001179110-16-032953
TESSCO TECHNOLOGIES INC · TESS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Willie J. Peterson
Officer — Senior Vice President
Period of report
Dec 12, 2016
Accepted (ET)
Dec 14, 2016 · 4:57 pm EST
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 | $12.85 | Dec 12, 2016 | A | 40,000 | A | — | Dec 12, 2022 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1The options will vest 25% after 1 year and then the remainder vests 1/36 each month for 3 years.