SEC Form 4 · accession 0001144204-15-037647
Alliqua BioMedical, Inc. · ALQA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pellegrino Pionati
Officer — See Remarks
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001054274
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 15, 2015 | A | 120,000 | $0.00 | A | 120,000 | D | |
| Common StockF2 | Jun 15, 2015 | F | 13,488 | $5.25 | D | 106,512 | 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)F3 | $5.25 | Jun 15, 2015 | A | 100,000 | A | — | Jun 15, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Represents a restricted stock award that is subject to forfeiture until vested. This award vests in four equal annual installments with one-quarter (1/4) vested on June 15, 2015 and one-quarter (1/4) vesting on each of June 15, 2016, 2017 and 2018, provided that Mr. Pionati is employed by or providing services to the Company through the applicable vesting date, subject to the terms and conditions of the Alliqua BioMedical, Inc. 2014 Long-Term Incentive Plan (the "2014 Plan").
- F2Represents shares of restricted stock withheld to pay Mr. Pionati's tax withholding obligations incurred in connection with the vesting of 30,000 shares of restricted stock on June 15, 2015.
- F3The option vests in three equal annual installments, with one-third (1/3rd) vesting on each of June 15, 2016, 2017 and 2018, provided that Mr. Pionati is employed by or providing services to the Company through the applicable vesting date, subject to the terms and conditions of the 2014 Plan.
Remarks
Chief Strategy and Marketing Officer