SEC Form 4 · accession 0001354488-16-008583
Fusion Connect, Inc. · FSNN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip Turits
Officer — Treasurer and Secretary · Director
Period of report
Nov 16, 2016
Accepted (ET)
Nov 22, 2016 · 1:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001071411
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 16, 2016 | P | 4,348 | $1.15 | A | 114,219 | D | |
| Common StockF1 | holding | — | — | — | 17,194 | I | By son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF3,F2 | $1.21 | Nov 11, 2016 | P | 65,000 | A | Nov 11, 2017 | Nov 11, 2026 | Common Stock | 65,000 | 107,000 | D |
Explanation of responses
- F1Mr. Turits disclaims beneficial ownership of these shares.
- F2These options vest on a pro rata basis over 3 years.
- F3Includes 60 shares of common stock issuable upon conversion of shares of preferred stock and 7,461 shares of common stock issuable upon exercise of warrants.