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