SEC Form 4 · accession 0001415889-15-004209
POLARITYTE, INC. · PTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Martin Beeghley
Director
Period of report
Dec 18, 2015
Accepted (ET)
Dec 30, 2015 · 8:07 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001076682
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 18, 2015 | A | 50,000 | — | A | 50,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF4,F3 | $1.05 | Dec 18, 2015 | A | 9,523 | A | — | Dec 18, 2020 | Common Stock | 9,523 | 9,523 | D |
Explanation of responses
- F1The shares shall vest in 24 equal installments at the end of each calendar month following the date of grant.
- F2The shares are granted in connection with his appointment to the Board.
- F3The options shall vest in full in 6 months following the date of grant.
- F4The options are granted as compensation for his service on the Board.