SEC Form 4 · accession 0001140361-16-054941
STRATA Skin Sciences, Inc. · SSKN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Stewart
Officer — President & CEO · Director
Period of report
Feb 25, 2016
Accepted (ET)
Feb 25, 2016 · 6:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001051514
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STRATA Stock OptionsF1 | $1.31 | Feb 25, 2016 | A | 125,000 | A | Feb 25, 2016 | Dec 15, 2024 | Common Stock | 125,000 | 125,000 | D |
Explanation of responses
- F1On December 15, 2014, the Company granted the reporting person an option to purchase 375,000 shares of the Company's common stock, which option vests in three equal installments of up to 125,000 shares each based on the Company's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2015, 2016 and 2017. All of the performance criteria for the year ended December 31, 2015 were met, as determined by the Company's Board of Directors, resulting in the vesting of the option as to 125,000 shares.