SEC Form 4/A · accession 0001006837-18-000123
INNOVATE Corp. · VATE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Philip Falcone
Officer — CEO · Director · 10% Owner
Period of report
Sep 11, 2018
Accepted (ET)
Oct 3, 2018 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001006837
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (Right To Buy)F1,F2 | $4.05 | Sep 11, 2018 | M | 150,000 | D | — | May 20, 2024 | Common Stock | 150,000 | 84,608 | D |
| Stock option (Right To Buy)F1,F2 | $4.02 | Sep 11, 2018 | M | 21,795 | D | — | May 20, 2024 | Common Stock | 21,795 | 28,452 | D |
Explanation of responses
- F1The Option vested and became exercisable in three equal annual installments beginning on October 28, 2014.
- F2The Form 4 filed by reporting person on September 13, 2018 reported that the option expiration date noted on the original Form 4 filed on October 30, 2014 (the "Original Form 4") for the option listed was incorrect. This amended Form 4 is being filed to clarify that, in fact, the expiration date applicable to this option is May 20, 2024, as properly reported in the Original Form 4.