SEC Form 4 · accession 0001140361-17-043818
WIDEPOINT CORP · WYY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kito Mussa
Officer — Interim CFO
Period of report
Nov 22, 2017
Accepted (ET)
Nov 27, 2017 · 11:16 am 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 | Nov 22, 2017 | P | 15,000 | $0.6282 | A | 15,000 | 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 | $0.46 | holding | — | — | — | Jan 31, 2015 | Jan 31, 2020 | Common Stock | 50,000 | 50,000 | D |
| Stock OptionsF2 | $0.68 | holding | — | — | — | — | Apr 22, 2021 | Common Stock | 100,000 | 100,000 | D |
| Stock OptionsF3 | $0.55 | holding | — | — | — | — | Sep 19, 2022 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.6205 to $0.6297, inclusive. The Reporting Person undertakes to provide WidePoint Corporation, any security holder of WidePoint Corporation, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F2Stock options vested 50% on April 22, 2017 and the retaining 50% vest on April 22, 2018.
- F3Stock options vest one-third on December 31, 2017, one-third on December 31, 2018 and one-third on December 31, 2019.