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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options | $ 23.08 | 07/25/2018 | A | 53,200 | 07/25/2019(3) | 07/25/2028 | Common Stock | 53,200 | $ 0 | 53,200 | D | ||||
Stock Options | $ 23.08 | 07/25/2018 | A | 38,800 | (4) | 07/25/2028 | Common Stock | 38,800 | $ 0 | 38,800 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Burdiek Michael J C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250 IRVINE, CA 92618 |
X | President & CEO |
Arnel Melgarejo, Attorney-in-fact | 07/27/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Securities acquired are 48,400 shares of restricted stock that vest 25% annually beginning 7/25/2019 |
(2) | On 7/26/2018, in connection with the vesting of 17,450 shares of restricted stock held by the reporting person, CalAmp withheld 8,651 shares to pay minimum withholding taxes of $199,924.61. |
(3) | These stock options become exercisable at the rate of 25% annually beginning 7/25/2019. |
(4) | These stock options vest at the rate of 25% annually beginning 7/25/2019 and become exercisable after the stock price has traded at or above 130% of the exercise price for 30 consecutive trading days. |