0001654954-18-006265.txt : 20180604 0001654954-18-006265.hdr.sgml : 20180604 20180604165934 ACCESSION NUMBER: 0001654954-18-006265 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180531 FILED AS OF DATE: 20180604 DATE AS OF CHANGE: 20180604 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Galleher J. Patrick CENTRAL INDEX KEY: 0001602388 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10185 FILM NUMBER: 18878881 MAIL ADDRESS: STREET 1: 11 S. 12TH STREET CITY: RICHMOND STATE: VA ZIP: 23219 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 2018-05-31 0000843006 ISSUER DIRECT CORP ISDR 0001602388 Galleher J. Patrick C/O ISSUER DIRECT CORP 500 PERIMETER PARK DR., SUITE D MORRISVILLE NC 27560 true false false false Common Stock 2018-05-31 4 M false 991 13.49 A 18657 D Common Stock 2018-05-31 4 S false 991 17.25 D 17666 D Common Stock 2018-06-01 4 M false 11043 13.49 A 28709 D Common Stock 2018-06-01 4 S false 11043 17.25 D 17666 D Common Stock 2018-06-04 4 M false 23900 13.49 A 41566 D Common Stock 2018-06-04 4 S false 23900 17.26 D 17666 D Options to Purchase Common Stock 13.49 2018-05-31 4 M false 991 0 D 2014-06-30 2019-06-30 Common Stock 991 34943 D Options to Purchase Common Stock 13.49 2018-06-01 4 M false 11043 0 D 2014-06-30 2019-06-30 Common Stock 11043 23900 D Options to Purchase Common Stock 13.49 2018-06-04 4 M false 23900 0 D 2014-06-30 2019-06-30 Common Stock 23900 0 D This Form is being filed to report, among other things, the exercise of a stock option for a total of 35,934 shares of Common Stock. The stock option was initially granted to the Reporting Person on March 11, 2014 for an aggregate of 40,000 shares of Common Stock at an exercise price of $13.49 per share (the "Initial Option"). In connection with the exercise of the stock option, the Reporting Person sold 991 shares of Common Stock on the open market on May 31, 2018 at a price of $17.25 per share, 11,043 shares of Common Stock on the open market on June 1, 2018 at a price of $17.25 per share and 23,900 shares of Common Stock on the open market on June 4, 2018 at a weighted average price of $17.26 per share for gross proceeds of $620,012 in order to pay for the aggregate option exercise price of $484,750. As a result of these transactions, the Reporting Person, on a net basis, did not acquire any additional shares of Common Stock. The Reporting Person no longer has any shares of Common Stock exercisable under the Initial Option. The $17.26 represents a weighted average price. The Reporting Person sold 3,000 shares of Common Stock at price of $17.30 per share and 20,900 shares of Common Stock at a price of $17.25 per share. /s/ James Patrick Galleher 2018-06-04