Filing Details
- Accession Number:
- 0000873044-17-000015
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-15 16:43:45
- Reporting Period:
- 2017-02-13
- Filing Date:
- 2017-02-15
- Accepted Time:
- 2017-02-15 16:43:45
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
873044 | Radisys Corp | RSYS | Computer Peripheral Equipment, Nec (3577) | 930945232 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1588239 | T Stephen Collins | 5435 Ne Dawson Creek Drive Hillsboro OR 97124 | Vp, Worldwide Sales | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2017-02-13 | 25,000 | $0.00 | 143,951 | No | 4 | A | Direct | |
Common Stock | Disposition | 2017-02-13 | 8,997 | $3.90 | 134,954 | No | 4 | F | Direct | |
Common Stock | Disposition | 2017-02-13 | 21,000 | $3.91 | 113,954 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 4,637 | Indirect | By 401(k) Plan |
Footnotes
- Performance restricted stock units were granted on March 28, 2016 under the 2007 Stock Plan. Performance conditions relating to Tranche 1 of such performance restricted stock units were determined satisfied on February 13, 2017 and Tranche 1 of the performance restricted stock units vested on February 13, 2017. For each restricted stock unit that vested, one share of Common Stock was automatically delivered to the reporting person .
- The disposition of directly held shares reported on this form solely represents shares surrendered back to the company as payment of taxes on the vesting of peformance-based restricted stock units.
- The shares with respect to this transaction were sold at prices ranging from $3.90 to $3.95 per share, which were sold for tax purposes and financial planning. Following the sale, the reporting person remains in compliance with the applicable ownership threshold under the Company's stock ownership guidelines. The price shown is a weighted average sale price for shares sold in multiple transactions. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.