SEC Form 4 · accession 0001174567-16-000004
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
Dec 27, 2016
Accepted (ET)
Dec 27, 2016 · 4:01 pm EST
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)F4,F3 | $2.66 | Dec 27, 2016 | J | 1 | D | — | Dec 27, 2016 | Common Stock | 3,000,000 | 0 | 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.
- F2Mr. Shaw's option terminated pursuant to its terms due to the fact that the shareholders did not approve it.
- F3Mr. Shaw's Form 4 filed on November 2, 2016 specified that the option would be exercisable upon shareholder approval. The shareholders did not approve the option.
- F4Not required.