SEC Form 4 · accession 0001493152-16-016008
POLARITYTE, INC. · PTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denver Lough
Officer — CEO and CSO · Director
Period of report
Dec 7, 2016
Accepted (ET)
Dec 19, 2016 · 3:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001076682
Table I — non-derivative securities
No Table I lines on this filing.
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 | $3.12 | Dec 7, 2016 | A | 10,000 | A | — | Dec 7, 2026 | Common stock | 10,000 | 10,000 | I |
Explanation of responses
- F1On December 7, 2016, Reporting Person's spouse was granted a 10 year option to purchase 10,000 shares of the Issuer's common stock which option is exercisable any time on or after the date on which stockholder approval has been obtained for the Issuer's 2017 Equity Incentive Plan. The option shall vest in 24 equal installments over 24 months commencing on the one month anniversary date of the grant.