SEC Form 5 · accession 0001144204-15-011882
GRANDPARENTS.COM, INC. · GPCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mel Harris
Director
Period of report
Dec 31, 2014
Accepted (ET)
Feb 25, 2015 · 3:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001020475
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Warrant (Right to Buy)F1 | $0.25 | Jan 28, 2015 | G | 100,000 | D | Jun 10, 2014 | Jun 10, 2019 | Common Stock | 100,000 | 100,000 | I |
| Common Stock Warrant (Right to Buy)F1,F2 | $0.25 | Jan 28, 2015 | G | 1,000,000 | D | — | Jul 1, 2019 | Common Stock | 1,000,000 | 4,000,000 | I |
Explanation of responses
- F1The reported securities are held by the Mel Harris Declaration of Trust Dated June 6, 2002.
- F2The reported securities were issued pursuant to the terms of a Consulting Agreement, dated as of July 1, 2014, by and between the issuer and the reporting person. The warrant was immediately vested with respect to 2,500,000 shares of common stock upon execution of the Consulting Agreement and the balance shall vest at the rate of 312,500 warrants quarter-annually for eight (8) quarters commencing ninety (90) days from the date of the execution of the Consulting Agreement.