SEC Form 4 · accession 0001140361-18-016783
WIDEPOINT CORP · WYY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Holloway
Officer — EVP and Chief Sales and Market
Period of report
Jan 2, 2018
Accepted (ET)
Apr 3, 2018 · 4:53 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 | 50,000 | D | |
| Common Stock | holding | — | — | — | 851,000 | I | Shares held in trust for benefit of Reporting Person |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock optionsF2 | $0.70 | holding | — | — | — | — | Apr 26, 2021 | Common Stock | 500,000 | 500,000 | 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 vest on April 27, 2019, subject to the acceleration of vesting upon satisfaction of certain performance conditions.