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