SEC Form 4/A · accession 0001415889-15-000364
SPENDSMART NETWORKS, INC. · SSPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Period of report
Mar 19, 2014
Accepted (ET)
Jan 30, 2015 · 5:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001062273
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 OptionF2,F1 | $0.87 | Mar 19, 2014 | A | 300,000 | A | Mar 19, 2014 | Mar 19, 2019 | Common Stock | 300,000 | 300,000 | D |
| Stock OptionsF4,F3 | $1.15 | Mar 21, 2014 | A | 450,000 | A | Mar 21, 2014 | Mar 21, 2019 | Common Stock | 450,000 | 450,000 | D |
Explanation of responses
- F1The exercise price of the options equals the closing price of the Company's common stock as of March 18, 2014.
- F2On March 19, 2014, the Reporting Person acquired an option to purchase 300,000 shares of the Company's common stock, which vested as follows: fifty percent of the options vest immediately upon the grant date, with the remaining options vesting fifty percent on the second anniversary of the grant date. Pursuant to an agreement executed by and between the Company and the Reporting Person, the option to purchase 300,000 shares of the Company's common stock became fully vested on January 26, 2015.
- F3The exercise price of the options equals the closing price of the Company's common stock as of March 20, 2014.
- F4On March 21, 2014, the Reporting Person acquired an option to purchase 450,000 shares of the Company's common stock, which would vest as follows: twenty-five percent of the options vested immediately upon the grant date, with the remaining options vesting twenty-five percent each year thereafter. Pursuant to an agreement executed by and between the Company and the Reporting Person, the option to purchase 450,000 became fully vested on January 26, 2015.