SEC Form 4 · accession 0001053374-15-000120
IPASS INC · IPAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Minhall Chang
Director
Period of report
Jun 30, 2015
Accepted (ET)
Jul 6, 2015 · 9:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053374
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 30, 2015 | A | 5,000 | $0.00 | A | 90,000 | D | |
| Common StockF1 | Jun 30, 2015 | A | 5,000 | $0.00 | A | 95,000 | D |
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)F2,F1 | $1.06 | Jun 30, 2015 | A | 15,000 | A | Jun 30, 2016 | Jun 29, 2025 | Common Stock | 15,000 | 45,000 | D |
| Stock Option (Right to Buy)F2,F1 | $1.06 | Jun 30, 2015 | A | 15,000 | A | Jun 30, 2016 | Jun 29, 2025 | Common Stock | 15,000 | 60,000 | D |
Explanation of responses
- F1The shares will vest on the first anniversary of the date of grant or, if earlier, on the date of the next annual meeting following the grant date.
- F2Intentionally left blank pursuant to SEC rules.