SEC Form 4 · accession 0001437749-15-012336
TALON INTERNATIONAL, INC. · TALN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Vaz
Officer — Exec. VP of Asia Operations
Period of report
Jun 12, 2015
Accepted (ET)
Jun 15, 2015 · 7:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001047881
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 Options (Right to Buy)F1 | $0.16 | Jun 12, 2015 | A | 100,000 | A | — | Jun 12, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The option shall become exercisable with respect to 25% of the total option shares at the end of one year from the date of the grant, and the remaining shares shall become exercisable in 36 monthly installments equal to 1/48th of the option shares on the last day of each calendar month thereafter until fully exercisable.