SEC Form 4 · accession 0001213900-17-006809
SG BLOCKS, INC. · SGBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean M McAvoy
Director · 10% Owner
Period of report
Dec 28, 2016
Accepted (ET)
Jun 23, 2017 · 7:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023994
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)F4,F1,F3 | $3.00 | Dec 28, 2016 | J | 16,667 | D | — | Oct 31, 2016 | Common Stock | 16,667 | 0 | D |
Explanation of responses
- F1The exercise price and number of underlying shares of common stock reported herein reflect a 3-for-1 reverse stock split of the issuer's common stock and preferred stock effected on February 28, 2017.
- F2The Reporting Person assigned the options to Hillair Capital Investments LP, a Cayman Islands limited partnership, an affiliate of the Reporting Person.
- F3The options vest, subject to the Reporting Person's continued role as director, as to 25% of the underlying shares on the last day of each fiscal quarter following the date of grant until the options are 100% vested.
- F4The options were granted under the issuer's stock incentive plan and without payment of consideration in connection with the reporting person's service as a director.