SEC Form 4/A · accession 0001161697-17-000321
USBC, Inc. · USBC
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
Ronald P Erickson
Officer — CEO and President · Director
Period of report
Jul 6, 2017
Accepted (ET)
Jul 10, 2017 · 4:59 pm EDT
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 | Jul 6, 2017 | P | 2,000 | $0.23 | A | 20,934 | D | |
| Common StockF1 | holding | — | — | — | 3,334 | I | . | |
| Common StockF2 | holding | — | — | — | 1,467 | I | . | |
| Common StockF3 | holding | — | — | — | 20,335 | I | . | |
| Common StockF4 | holding | — | — | — | 110,001 | I | . | |
| Common StockF5 | holding | — | — | — | 2,014 | I | . |
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 StockF6 | $22.50 | holding | — | — | — | — | May 9, 2020 | Common Stock | 13,334 | 13,334 | D |
| Option to Purchase Common StockF7 | $19.50 | holding | — | — | — | — | Jun 5, 2022 | Common Stock | 6,667 | 6,667 | D |
Explanation of responses
- F1Held by Dia Armenta, the Reporting Person's wife.
- F2Held by Ronald Erickson, the Reporting Person and Dia Armenta, the Reporting Person's wife.
- F3Held by Juliz Limited Partnership- Family LP.
- F4Held by J3E2A2Z Limited Partnership.
- F5Held by Cerillion N4, an entity that is 50% owned by Dia Armenta, the Reporting Person's wife.
- F6Option shares fully-vested quarterly over 2 years commencing 05/10/2010.
- F7Option shares fully-vested quarterly over 1 year commencing 06/05/2012.
Remarks
This Form 4/A Amendment is filed to clarify and remove the previously exercised Series A and B Warrant line items that appeared in Table II on the original Form 4.