SEC Form 4 · accession 0001161697-17-000385
USBC, Inc. · USBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Martin Sames
Officer — V.P. of Business Development
Period of report
Aug 22, 2017
Accepted (ET)
Aug 23, 2017 · 5:57 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 | holding | — | — | — | 1,667 | 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 | $0.13 | Aug 22, 2017 | J | 6,667 | D | — | Sep 4, 2017 | Common Stock | 6,667 | 0 | D |
| Option to Purchase Common StockF2 | $0.10 | Aug 22, 2017 | J | 2,000 | D | — | Apr 1, 2019 | Common Stock | 2,000 | 0 | D |
| Option to Purchase Common StockF3 | $0.10 | Aug 22, 2017 | J | 6,668 | D | — | Jan 22, 2020 | Common Stock | 6,668 | 0 | D |
Explanation of responses
- F1Option shares vest quarterly over 3 years commencing 09/05/2012.
- F2Option shares vest quarterly over 3 years commencing 04/02/2014.
- F3Option shares vest in accordance with a performance plan during 2015.
- F4Voluntary forfeiture.