SEC Form 4 · accession 0001493152-17-012790
POLARITYTE, INC. · PTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Winslow Swanson
Officer — Chief Operating Officer · Director
Period of report
Nov 10, 2017
Accepted (ET)
Nov 13, 2017 · 6:42 am 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1,F2,F3 | $24.59 | Nov 10, 2017 | A | 100,000 | A | — | Nov 10, 2027 | Common Stock | 100,000 | 8,334 | D |
Explanation of responses
- F1Represents an option award under the PolarityTE, Inc. 2017 Equity Incentive Plan (the "Option Award"), which shall vest in in twenty four (24) equal monthly installments on the one month anniversary of the grant date.
- F2Option Award is issued as a performance award for the Reporting Person's service as a Director and Chief Operating Officer of the Issuer.
- F3Includes options vested or to be vested within 60 days pursuant to the Option Award.