SEC Form 4 · accession 0001161697-18-000391
USBC, Inc. · USBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip Bosua
Officer — CEO and President · Director · 10% Owner
Period of report
Aug 1, 2018
Accepted (ET)
Aug 1, 2018 · 6:11 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 | — | — | — | 2,855,000 | 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 | $1.28 | Aug 1, 2018 | A | 1,000,000 | A | — | Aug 1, 2023 | Common Stock | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F1Option shares vest 25% quarterly over four years beginning 08/01/2018.