SEC Form 4 · accession 0001161697-15-000056
USBC, Inc. · USBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marco Hegyi
Director · Other
Period of report
Jan 23, 2015
Accepted (ET)
Jan 27, 2015 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001074828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 23, 2015 | A | 400,000 | $0.10 | A | 1,175,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF1 | $0.10 | holding | — | — | — | — | Feb 24, 2022 | Common Stock | 1,900,000 | 1,900,000 | D |
Explanation of responses
- F1Option vests 750,000 immediately and 250,000 quarterly commencing 02-24-2012. The entire option is 100% vested upon a change of control event at the Company and expires in ten years.
- F2Issued in accordance with the 2011 Stock Incentive Plan.