SEC Form 4 · accession 0001140361-18-016782
WIDEPOINT CORP · WYY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kito Mussa
Officer — CFO
Period of report
Jan 2, 2018
Accepted (ET)
Apr 3, 2018 · 4:51 pm EDT
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 2, 2018 | A | 50,000 | $0.00 | A | 71,300 | 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
- F1Restricted stock vests one-third on January 2, 2019, one-third on January 2, 2020 and one-third on January 2, 2021. Vesting may be accelerated upon the satisfaction of certain performance criteria.
- 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.