|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 2270 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
|||
(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | |||||||||
Restricted Stock Unit (RSU) | Â | 05/09/2012 | Â | A4 | 6,000 | Â | Â (4) | Â (4) | Common Stock | (3) | 116,000 (5) | Â | ||
Option | $ 0.55 | 08/06/2012 | Â | O4 | Â | 110,000 | Â (6) | 10/18/2012 | Common Stock | (7) | 6,000 (8) | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
McQuivey Raul S 22400 DAVIS DRIVE STERLING, VA 20164 |
 X |  |  Chairman, President, CEO |  |
/s/ Raul S. McQuivey | 05/20/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Transaction amount represents a bona fide gift contribution to the Church of Jesus Christ of Latter Day Saints. |
(2) | Mr. McQuivey holds 302,500 shares of Sutron Corp common stock through the Raul S. McQuivey Trust dated 3/24/1999 following the transaction reported in Table I. |
(3) | Each restricted stock unit is the economic equivalent of one share of Sutron Corp common stock. |
(4) | Represents the conversion upon vesting of Restricted Stock Units into common stock. On May 9, 2012, the reporting person was granted 6,000 Restricted Stock Units, of which two blocks of Restricted Stock Units representing 1/4 of the original May 9, 2012 grant each are eligible for vesting and conversion on January 1, 2013. The remaining two blocks of Restricted Stock Units representing 1/4 of the original May 9, 2012 grant each are eligible for vestinga nd conversion on January 1, 2014. |
(5) | Figure represents 110,000 options granted on October 18, 2012, under the Issuer's 2002 Stock Option Plan and Stock Option Agreement, and 6,000 restricted stock units granted on May 9, 2012. |
(6) | Vests 22,000 shares (20%) in five installments on October 18, 2003, October 18, 2004, October 18, 2005, October 18, 2006, and October 18, 2007. |
(7) | Options granted on October 18, 2002, under the Issuer's 2002 Stock Option Plan and Stock Option Agreement. |
(8) | Figure represents 6,000 Restricted Stock Units granted on May 9, 2012. |