0001144204-17-049458.txt : 20170925 0001144204-17-049458.hdr.sgml : 20170925 20170925160636 ACCESSION NUMBER: 0001144204-17-049458 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20141229 FILED AS OF DATE: 20170925 DATE AS OF CHANGE: 20170925 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ASHMAN JAMES P CENTRAL INDEX KEY: 0001086499 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55382 FILM NUMBER: 171099897 MAIL ADDRESS: STREET 1: 18 CORPORATE WOODS BLVD STREET 2: THIRD FLOOR CITY: ALBANY STATE: NY ZIP: 12211 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Microphase Corp CENTRAL INDEX KEY: 0001574969 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 060710848 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 100 TRAP FALLS ROAD EXTENSION, STREET 2: SUITE 400 CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 203-866-8000 MAIL ADDRESS: STREET 1: 100 TRAP FALLS ROAD EXTENSION, STREET 2: SUITE 400 CITY: SHELTON STATE: CT ZIP: 06484 4 1 v475758_form4.xml FORM 4 X0306 4 2014-12-29 0 0001574969 Microphase Corp NONE 0001086499 ASHMAN JAMES P 100 TRAP FALLS ROAD EXTENSION SUITE 400 SHELTON CT 06484 0 1 0 0 Vice President of Finance Common Stock 2014-12-29 4 A 0 6667 A 6667 D Common Stock 2015-09-30 4 A 0 33333 A 40000 D Options 2.00 2015-09-30 4 A 0 25000 A 2022-09-30 Common Stock 25000 25000 D On December 5, 2016, the issuer effectuated a 1 for 3 reverse split of its shares of common stock. All share figures in this Form 4 reflect that reverse split. Mr. Ashman received the shares and options from the registrant in consideration for his service as an officer. The 33,333 shares vested as follows: (i) 10,000 on September 30, 2015, (ii) 10,000 on December 31, 2015, (iii) 10,000 on March 31, 2016, and (iv) 3,333 on June 30, 2016. The exercise price is $2.00, which was the fair market value of a share of common stock as determined by the board of directors on September 30, 2015. There has never been a public market for the issuer's shares of common stock. The vesting schedule for the 25,000 options is as follows: (i) 8,334 on September 30, 2015, (ii) 8,333 on September 30, 2016, and (iii) 8,333 on September 30, 2017. /s/ James P. Ashman 2017-09-25