SEC Form 4 · accession 0001209191-15-063126
PURE BIOSCIENCE, INC. · PURE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Stuart Elliott
Officer — Vice President, Finance
Period of report
Jul 31, 2015
Accepted (ET)
Jul 31, 2015 · 4:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001006028
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 31, 2015 | A | 75,000 | $0.00 | A | 86,550 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent Restricted Stock Units granted to the Reporting Person. 37,500 shares will vest on July 31, 2015, 18,750 Shares will vest upon filing of the Issuer's Annual Report on Form 10-K for the year ended July 31, 2015 and 18,750 shares will vest upon the filing of the Company's proxy statement for the 2016 annual meeting of stockholders. Vested shares will be delivered to the Reporting Person on the earlier of (i) six months after each vesting date, (ii) upon the separation of the Reporting Person's service to the Issuer or (iii) upon a change of control.