SEC Form 4 · accession 0001553350-17-000469
ECOSPHERE TECHNOLOGIES INC · ESPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Vinick
Director
Period of report
May 1, 2017
Accepted (ET)
May 2, 2017 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001071760
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 Options (Right to Buy)F1 | $0.045 | May 1, 2017 | A | 666,667 | A | May 1, 2017 | Jan 8, 2020 | Common Stock | 666,667 | 666,667 | D |
| Stock Options (Right to Buy)F1 | $0.12 | May 1, 2017 | D | 666,667 | D | Jan 8, 2016 | Jan 8, 2020 | Common Stock | 666,667 | 0 | D |
| Stock Options (Right to Buy)F1 | $0.045 | May 1, 2017 | A | 209,336 | A | May 1, 2017 | Jul 1, 2018 | Common Stock | 209,336 | 209,336 | D |
| Stock Options (Right to Buy)F1 | $0.40 | May 1, 2017 | D | 209,336 | D | Jun 30, 2014 | Jul 1, 2018 | Common Stock | 209,336 | 0 | D |
| Stock Options (Right to Buy)F1 | $0.045 | May 1, 2017 | A | 1,050,000 | A | May 1, 2017 | Jan 8, 2018 | Common Stock | 1,050,000 | 1,050,000 | D |
| Stock Options (Right to Buy)F1 | $0.381 | May 1, 2017 | D | 1,050,000 | D | Jan 18, 2014 | Jan 8, 2018 | Common Stock | 1,050,000 | 0 | D |
Explanation of responses
- F1) In accordance with Rule 16b-3 of the Securities Exchange Act of 1934, the reporting person agreed to cancellation of an option previously granted to him in exchange for a new option having a lower exercise price.
- F2The number and exercise price of the cancelled options reflects a 5% dividend on the issuer's common stock effective in June 2013.