0001213900-16-015513.txt : 20160803
0001213900-16-015513.hdr.sgml : 20160803
20160803204218
ACCESSION NUMBER: 0001213900-16-015513
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160801
FILED AS OF DATE: 20160803
DATE AS OF CHANGE: 20160803
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SOLITRON DEVICES INC
CENTRAL INDEX KEY: 0000091668
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 221684144
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0228
BUSINESS ADDRESS:
STREET 1: 3301 ELECTRONICS WAY
CITY: WEST PALM BEACH
STATE: FL
ZIP: 33407
BUSINESS PHONE: 4078484311
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SARAF SHEVACH
CENTRAL INDEX KEY: 0000904311
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04978
FILM NUMBER: 161805462
MAIL ADDRESS:
STREET 1: 301 ELECTRONICS WAY
CITY: WEST PALM BEACH
STATE: FL
ZIP: 33407
4
1
f4080116saraf_solitron.xml
OWNERSHIP DOCUMENT
X0306
4
2016-08-01
1
0000091668
SOLITRON DEVICES INC
SODI
0000904311
SARAF SHEVACH
3301 ELECTRONICS WAY
WEST PALM BEACH
FL
33407
0
0
1
1
Former Chairman Pres CEO & CFO
Common Stock
2016-08-01
2016-08-03
4
D
0
331027
3.91
D
0
D
Stock Options (right to buy)
1.05
2016-08-01
2016-08-03
4
D
0
35449
2.86
D
Common Stock
35449
0
D
Stock Options (right to buy)
0.40
2016-08-01
2016-08-03
4
D
0
254624
3.51
D
Common Stock
254624
0
D
These options were fully vested and immediately exercisable.
These options did not have an expiration date.
These options were purchased and cancelled by Solitron Devices, Inc. ("Solitron") by mutual agreement of the reporting person and Solitron. The reporting person received an aggregate of $995,114.38 as consideration for the purchase and cancellation of these options.
/s/ Shevach Saraf
2016-08-03