SEC Form 4 · accession 0001513162-15-000523
CDTI ADVANCED MATERIALS, INC. · CDTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Hans Eric Bippus
Officer — Exec VP of Sales & Marketing
Period of report
Sep 2, 2015
Accepted (ET)
Sep 3, 2015 · 5:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000949428
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $1.56 | Sep 2, 2015 | A | 100,000 | A | Jul 27, 2016 | Sep 2, 2025 | Common Stock | 100,000 | 100,000 | D |
| Restricted Share UnitsF2,F3 | — | Sep 2, 2015 | A | 20,000 | A | — | — | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Stock option vests as to 1/3 on each of July 27, 2016, 2017 and 2018.
- F2Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of CDTI common stock.
- F3RSUs vest as to 1/3 on each of July 27, 2016, 2017 and 2018. Issuance to occur as soon as practicable following the date of vesting and subject to compliance with Issuer's Insider Trading Policy, but in all cases within two and one-half months following the end of the Issuer's tax year that includes the date such RSUs vest. RSUs that have not vested at the time of the reporting person's termination of service, for any or no reason other than death or change in control, will be forfeited.