FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Command Center, Inc. [ CCNI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 06/24/2016 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 80,000 | D | ||||||||
Common Stock | 06/24/2016 | A | 25,000 | A | (1) | 105,000 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options | $0.41 | (2) | (2) | Common Stock | 105,000 | 105,000 | D | ||||||||
Restricted Stock Grant | (3) | (3) | (3) | Common Stock | 75,000 | 180,000 | D | ||||||||
Performance Stock Award | (4) | (4) | (4) | Common Stock | 100,000 | 280,000 | D | ||||||||
Stock Options | $0.7 | (5) | (5) | Common Stock | 500,000 | 780,000 | D | ||||||||
Stock Options | $0.73 | (6) | (6) | Common Stock | 60,000 | 840,000 | D |
Explanation of Responses: |
1. These shares were awarded by Company to this reporting person upon execution of the Executive Employment Agreement on 9/02/2014. The right to receive these shares vested on 9/02/2015. |
2. These are options awarded to directors for board service on 5/10/2012. Vesting 25% on each anniversary, being fully vested 5/10/2016. The options expire 5/10/2017. |
3. Restricted stock grant totaling 100,000 shares was awarded 9/02/2014. The first increment of 25000 shares has vested and has been converted to shares of stock. Other blocks of 25,000 shares would vest in annual increments on 9/02/16, 9/02/17 and 9/02/18, subject to the terms of the Executive Employment Agreement. |
4. Restricted stock award vests upon attainment of the performance criteria set forth in the Executive Employment Agreement dated 9/02/2014. |
5. Stock options issued pursuant to the Executive Employment Agreement dated 9/02/2014. Options vest in four annual increments of 125,000 shares each on the anniversary date, being fully vested on 9/02/2018. |
6. These options are awarded to directors for board service. Vesting 25% on the day of award, 12/11/2014, and 25% on each anniversary, being fully vested on 12/11/2017. The options expire 12/11/2021. |
/s/Jeff T. Wilson | 08/18/2016 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |