SEC Form 4 · accession 0001140361-17-002286
WIDEPOINT CORP · WYY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey O Nyweide
Officer — Chief Executive Officer · Director
Period of report
Jan 17, 2017
Accepted (ET)
Jan 19, 2017 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001034760
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 17, 2017 | A | 300,000 | $0.00 | A | 300,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to BuyF2 | $0.82 | Jan 17, 2017 | A | 600,000 | A | Jan 17, 2018 | Jan 17, 2024 | Common Stock | 600,000 | 600,000 | D |
Explanation of responses
- F1Grant of restricted stock under the Company's Stock Incentive Plan, vesting only if certain performance goals are met.
- F2Grant of stock options under the Company's Stock Incentive Plan. The stock options vest one-third (1/3) per year on January 17, 2018, 2019 and 2020, or earlier upon an acceleration event.