SEC Form 4 · accession 0001174567-16-000003
RETRACTABLE TECHNOLOGIES INC · RVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Shaw
Officer — President and CEO · Director · 10% Owner
Period of report
Nov 1, 2016
Accepted (ET)
Nov 2, 2016 · 10:30 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000946563
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 10,065,642 | D | ||
| Common StockF1 | holding | — | — | — | 4,270,000 | I | Voting or investment control |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (non-qualified)F3,F4,F2 | $2.66 | Nov 1, 2016 | A | 1 | A | — | Nov 1, 2026 | Common Stock | 3,000,000 | 1 | D |
Explanation of responses
- F1Mr. Shaw has investment power over 1,500,000 shares as Trustee for the benefit of immediate family members. Mr. Shaw has voting control over the remainder of the shares pursuant to a Voting Agreement.
- F2Exercisable upon shareholder approval.
- F3Grant of option does not require price.
- F4Mr. Shaw has one option with 3 million shares of Common Stock underlying it.