SEC Form 4 · accession 0001213900-16-017959
SG BLOCKS, INC. · SGBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Melton
Director
Period of report
Jun 30, 2016
Accepted (ET)
Nov 3, 2016 · 6:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023994
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 30, 2016 | J | 4,063 | $0.00 | A | 4,063 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2,F4 | $1.00 | Nov 1, 2016 | A | 50,000 | A | — | Oct 31, 2016 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1These securities were acquired pursuant to the Issuer's Amended Plan of Reorganization, approved by the U.S. Bankruptcy Court for the Southern District of New York on May 23, 2016.
- F2The options are exercisable at the greater of $1.00 or the fair market value, which will be determined within 90 days of the date of grant.
- F3The options were issued pursuant to the Issuer's Stock Option Plan.
- F4The options vest, subject to the Reporting Person's continued role as a director, in equal installments of 12,500 underlying shares of common stock on the last day of each fiscal quarter following the date of grant until the options are 100% vested.
Remarks
*** The Issuer currently intends to apply for quotation or listing under this symbol in the future.