FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

CHRISTINE RUSSELL
2. Issuer Name and Ticker or Trading Symbol

Uni-Pixel [ UNXL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

C/O UNI-PIXEL, INC., 4699 OLD IRONSIDES DRIVE, SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

8/1/2017
(Street)

SANTA CLARA, CA 95054
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   8/1/2017     M    17500   (1) A $0.00   290281   (2) D    
Common Stock   8/1/2017     F    6576   (3) D $0.376   (4) 283705   (2) D    
Common Stock   8/1/2017     M    25000   (5) A $0.00   308705   (2) D    
Common Stock   8/1/2017     F    9395   (6) D $0.376   (4) 299310   (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (RSUs)   $0.00   8/1/2017     M         17500      (7)   (7) Common Stock   17500   $0.00   122500   D    
Restricted Stock Units (RSUs)   $0.00   8/1/2017     M         25000      (8)   (8) Common Stock   25000   $0.00   275000   D    

Explanation of Responses:
(1)  17,500 Restricted Stock Units ("RSUs") issued in the grant to Ms. Russell on 6/8/2016 vested on 8/1/2017 according to the vesting schedule previously reported.
(2)  Includes 100,000 shares of restricted common stock that vested 1/3 on July 31, 2016, 1/3rd on July 31, 2017, and the remaining 1/3rd which will vest on July 31, 2018.
(3)  6,576 shares of Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such vesting as previously reported by the Company.
(4)  The closing price of the Company's common stock on 8/1/2017.
(5)  25,000 RSUs issued in the grant to Ms. Russell on 6/9/2017 vested on 8/1/2017 according to the vesting schedule previously reported.
(6)  9,395 shares of Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such vesting as previously reported by the Company.
(7)  The RSUs vest in twelve quarterly installments beginning on August 1, 2016 and ending on May 1, 2019.
(8)  The RSUs vest in twelve quarterly installments beginning on August 1, 2017 and ending on May 1, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CHRISTINE RUSSELL
C/O UNI-PIXEL, INC.
4699 OLD IRONSIDES DRIVE, SUITE 300
SANTA CLARA, CA 95054


Chief Financial Officer

Signatures
/s/ Christine Russell 8/3/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
Uni-Pixel, Inc. (NASDAQ:UNXL)
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