0001354488-16-007918.txt : 20160628 0001354488-16-007918.hdr.sgml : 20160628 20160628200447 ACCESSION NUMBER: 0001354488-16-007918 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160623 FILED AS OF DATE: 20160628 DATE AS OF CHANGE: 20160628 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ISSUER DIRECT CORP CENTRAL INDEX KEY: 0000843006 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL PRINTING [2750] IRS NUMBER: 261331503 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 500 PERIMETER PARK DRIVE STREET 2: SUITE D CITY: MORRISVILLE STATE: NC ZIP: 27560 BUSINESS PHONE: 9194611600 MAIL ADDRESS: STREET 1: 500 PERIMETER PARK DRIVE STREET 2: SUITE D CITY: MORRISVILLE STATE: NC ZIP: 27560 FORMER COMPANY: FORMER CONFORMED NAME: DOCUCON INC DATE OF NAME CHANGE: 20071002 FORMER COMPANY: FORMER CONFORMED NAME: DOCUCON INCORPORATED DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BALBIRNIE BRIAN R CENTRAL INDEX KEY: 0001282217 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10185 FILM NUMBER: 161737147 MAIL ADDRESS: STREET 1: C/O ISSUER DIRECT CORP. STREET 2: 500 PERIMETER PARK DRIVE, SUITE D CITY: MORRISVILLE STATE: NC ZIP: 27560 4 1 issuerdirect_section16.xml OWNERSHIP DOCUMENT X0306 4 2016-06-23 0 0000843006 ISSUER DIRECT CORP ISDR 0001282217 BALBIRNIE BRIAN R C/O ISSUER DIRECT CORP. 500 PERIMETER PARK DRIVE, SUITE D MORRISVILLE NC 27560 1 1 1 0 Chief Executive Officer Common Stock 2016-06-24 4 M 0 7500 A 7500 I By Spouse Common Stock 2016-06-24 4 S 0 7500 5.89 D 0 I By Spouse Common Stock 2016-06-23 4 P 0 1000 6.10 A 620255 D Option to Purchase Common Stock 2024-12-16 Common Stock 500 500 I ISO's held by spouse Restricted Stock Unit 2017-12-16 Common Stock 1000 1000 I RSU's held by spouse Restricted Stock Unit 2019-01-01 Common Stock 1000 2000 I RSU's held by spouse Reflects shares underlying options to purchase common stock under the Issuer's 2010 Equity Incentive Plan and held by the Reporting Person's spouse with exercise prices of $1.70 for 3,000 shares, $2.10 for 1,500 shares and $3.30 for 3,000 shares for which the Reporting Person's spouse paid an aggregate exercise price of $18,240 to the Issuer. All such options had previously vested. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.73 to $6.00. The Reporting Person undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer. On June 23, 2016, the Reporting Person purchased 1,000 shares so that his aggregate holding is 620,255 shares of the Issuer's common stock as of the date of this filing. 2014 Equity Incentive Plan - Incentive Stock Option issued to spouse on December 16, 2014 with the following vesting schedule: 25% upon the first anniversary of grant and the remaining 75% on a quarterly basis for the three years thereafter. All options under this grant accelerate upon a Corporate Transaction as defined in the Registrant's 2014 Equity Inventive Plan. 2014 Equity Incentive Plan - Restrictive Stock Unit grant to spouse on December 16, 2014 with the following vesting schedule: 100% upon the third anniversary of grant. All restricted stock units vest upon a Corporate Transaction as defined in the Registrant's 2014 Equity Inventive Plan. Each Restricted Stock Unit represents the right to receive, at settlement, one share of the Registrant's common stock. 2014 Equity Incentive Plan - Restrictive Stock Unit grant to spouse on January 1, 2016 with the following vesting schedule: (i) 33 1/3% on the first anniversary of the date of grant; (ii) 33 1/3% on the second anniversary of the date of grant and (iii) the remaining 33 1/3% on the third anniversary of the date of grant. All restricted stock units vest upon a Corporate Transaction as defined in the Registrant's 2014 Equity Inventive Plan. Each Restricted Stock Unit represents the right to receive, at settlement, one share of the Registrant's common stock. /s/ Brian R. Balbirnie 2016-06-28