SEC Form 4 · accession 0001144204-15-021204
Precipio, Inc. · PRPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leon Richards
Officer — Chief Accounting Officer
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 5:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043961
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)F1 | $1.44 | Apr 1, 2015 | A | 80,000 | A | Apr 1, 2016 | Apr 1, 2025 | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1The option was granted on 4/1/2015 and is exercisable as it vests. The option vests over a three year period, with 1/3 of the shares subject to the option vesting on each one year anniversary of the date of grant, subject to the reporting person's continued employment with (or providing continuous service to) the issuer on each such date.