0001654954-18-002415.txt : 20180312
0001654954-18-002415.hdr.sgml : 20180312
20180312160530
ACCESSION NUMBER: 0001654954-18-002415
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180308
FILED AS OF DATE: 20180312
DATE AS OF CHANGE: 20180312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Everett William H
CENTRAL INDEX KEY: 0001323310
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10185
FILM NUMBER: 18683410
MAIL ADDRESS:
STREET 1: 6 ARROWWOOD LANE
CITY: ANDOVER
STATE: MA
ZIP: 01810
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
4
1
section16.xml
PRIMARY DOCUMENT
X0306
4
2018-03-08
0000843006
ISSUER DIRECT CORP
ISDR
0001323310
Everett William H
C/O ISSUER DIRECT CORP.
500 PERIMETER PARK DRIVE, SUITE D
MORRISVILLE
NC
27560
true
false
false
false
Common Stock
2018-03-08
4
M
false
19779
7.76
A
41112
D
Common Stock
2018-03-08
4
S
false
9227
16.63
D
31885
D
Common Stock
2018-03-09
4
M
false
221
7.76
A
32106
D
Common Stock
2018-03-09
4
S
false
4012
16.21
D
28094
D
Options to Purchase Common Stock
7.76
2018-03-08
4
M
false
19779
0
D
2015-10-02
2018-10-02
Common Stock
19779
221
D
Options to Purchase Common Stock
7.76
2018-03-09
4
M
false
221
0
D
2015-10-02
2018-10-02
Common Stock
221
0
D
This Form 4 is being filed to report the exercise of a non-statutory stock option for a total of 20,000 shares of Common Stock, with 19,779 shares being acquired on March 8, 2018 and 221 shares being acquired on March 9, 2018. The stock option was initially granted to the Reporting Person on October 2, 2013 for an aggregate of 40,000 shares of Common Stock at an exercise price of $7.76 per share (the "Initial Option"). Simultaneously with the exercise of the stock option, the Reporting Person sold (i) 9,227 shares of Common Stock on March 8, 2018 in the open market at a weighted average price of $16.63 per share in order to pay for option exercise price of $153,485 and (ii) 104 shares of Common Stock on March 9, 2018 in the open market at a weighted average price of $16.47 per share in order to pay for option exercise price of $1,715. As a result of these transactions, the Reporting Person, on a net basis, acquired ownership of 10,661 shares of Common Stock. The Reporting Person no longer has any shares of Common Stock exercisable under the Initial Option.
The $16.63 represents a weighted average price. The price range of such transactions was $16.50 to $16.85. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
The Reporting Person sold 3,908 of these shares in order to pay income taxes relating to the exercise of stock options as more fully described in Footnote 1 above.
The $16.21 represents a weighted average price. The price range of such transactions was $16.05 to $16.475. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
/s/ William H. Everett
2018-03-12