Filing Details

Accession Number:
0000873044-17-000015
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-15 16:43:45
Reporting Period:
2017-02-13
Filing Date:
2017-02-15
Accepted Time:
2017-02-15 16:43:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
873044 Radisys Corp RSYS Computer Peripheral Equipment, Nec (3577) 930945232
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1588239 T Stephen Collins 5435 Ne Dawson Creek Drive
Hillsboro OR 97124
Vp, Worldwide Sales No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-02-13 25,000 $0.00 143,951 No 4 A Direct
Common Stock Disposition 2017-02-13 8,997 $3.90 134,954 No 4 F Direct
Common Stock Disposition 2017-02-13 21,000 $3.91 113,954 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,637 Indirect By 401(k) Plan
Footnotes
  1. Performance restricted stock units were granted on March 28, 2016 under the 2007 Stock Plan. Performance conditions relating to Tranche 1 of such performance restricted stock units were determined satisfied on February 13, 2017 and Tranche 1 of the performance restricted stock units vested on February 13, 2017. For each restricted stock unit that vested, one share of Common Stock was automatically delivered to the reporting person .
  2. The disposition of directly held shares reported on this form solely represents shares surrendered back to the company as payment of taxes on the vesting of peformance-based restricted stock units.
  3. The shares with respect to this transaction were sold at prices ranging from $3.90 to $3.95 per share, which were sold for tax purposes and financial planning. Following the sale, the reporting person remains in compliance with the applicable ownership threshold under the Company's stock ownership guidelines. The price shown is a weighted average sale price for shares sold in multiple transactions. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.