SEC Form 4 · accession 0001053374-16-000192
IPASS INC · IPAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary A Griffiths
Officer — Chief Executive Officer · Director
Period of report
Apr 26, 2016
Accepted (ET)
Apr 28, 2016 · 5:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053374
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 | $1.18 | Apr 26, 2016 | A | 500,000 | A | Apr 26, 2017 | Apr 26, 2026 | Common Stock | 500,000 | 0 | D |
| Stock Option (Right to Buy)F1 | $1.36 | Apr 26, 2016 | A | 250,000 | A | Apr 26, 2017 | Apr 26, 2026 | Common Stock | 250,000 | 0 | D |
| Stock Option (Right to Buy)F1 | $1.53 | Apr 26, 2016 | A | 250,000 | A | Apr 26, 2017 | Apr 26, 2026 | Common Stock | 250,000 | 0 | D |
Explanation of responses
- F125% of the shares will vest on April 26, 2017, with the remaining shares vesting in 36 monthly installments thereafter.