Filing Details

Accession Number:
0001283875-20-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-16 17:47:16
Reporting Period:
2020-11-13
Accepted Time:
2020-11-16 17:47:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
768411 Cyberoptics Corp CYBE Optical Instruments & Lenses (3827) 411472057
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1184340 A. Jeffrey Bertelsen 5900 Golden Hills Drive
Golden Valley MN 55416
Cfo And Coo 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 2020-11-13 16,750 $5.39 27,400 No 4 M Direct
Common Stock Disposition 2020-11-13 7,700 $24.34 19,700 No 4 F Direct
Common Stock Acquisiton 2020-11-13 10,000 $7.70 29,750 No 4 M Direct
Common Stock Disposition 2020-11-13 5,256 $24.34 24,444 No 4 F Direct
Common Stock Disposition 2020-11-13 3,307 $24.25 88,299 No 4 S Indirect In Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Indirect In Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option Disposition 2020-11-13 16,750 $0.00 16,750 $5.39
Common Stock Employee Stock Option Disposition 2020-11-13 10,000 $0.00 10,000 $7.70
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-12-06 2020-12-06 No 4 M Direct
0 2015-02-21 2021-02-21 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option $9.62 2015-12-05 2021-12-05 18,500 18,500 Direct
Common Stock Employee Stock Option $7.18 2016-12-11 2022-12-11 26,000 26,000 Direct
Common Stock Employee Stock Option $26.40 2017-12-09 2023-12-09 5,500 5,500 Direct
Common Stock Employee Stock Option $15.40 2018-12-08 2024-12-08 9,200 9,200 Direct
Common Stock Employee Stock Option $19.46 2019-12-07 2025-12-07 7,400 7,400 Direct
Common Stock Employee Stock Option $16.23 2020-12-06 2026-12-06 10,000 10,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-12-05 18,500 18,500 Direct
2022-12-11 26,000 26,000 Direct
2023-12-09 5,500 5,500 Direct
2024-12-08 9,200 9,200 Direct
2025-12-07 7,400 7,400 Direct
2026-12-06 10,000 10,000 Direct
Footnotes
  1. Includes (a) 375 restricted stock units that vest on December 9, 2020; (b) 2,500 restricted stock units that vest in increments of 1,250 shares on each of December 8, 2020 and 2021; and (c) 2,775 restricted stock units that vest in increments of 925 shares on each of December 7, 2020, 2021 and 2022; and (d) 5,000 restricted stock units that vest in increments of 1,250 shares on each of December 6, 2020, 2021, 2022 and 2023.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.82, inclusive. The reporting person undertakes to provide to CyberOptics Corporation, any security holder of CyberOptics Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
  3. Shares are held in a revocable trust of which the reporting person and his spouse are trustees.
  4. Fully exercisable.
  5. Exercisable with respect to 25% of such shares on such date and with respect to an additional cumulative 25% of such shares on the next three anniversaries of such date.