SEC Form 4 · accession 0001437749-16-030237
Meet Group, Inc. · MEET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David D Clark
Officer — Chief Financial Officer
Period of report
Apr 26, 2016
Accepted (ET)
Apr 28, 2016 · 4:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001078099
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 26, 2016 | A | 45,000 | $0.00 | A | 213,676 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $3.28 | Apr 26, 2016 | A | 116,000 | A | — | Apr 26, 2026 | Common Stock | 116,000 | 116,000 | D |
Explanation of responses
- F1Mr. Clark received a restricted stock award of 45,000 shares of the Company's common stock. One-third of the restrictions on the restricted stock will lapse on each of the first, second and third anniversaries of the grant date, subject to Mr. Clark's continuing employment with the Company.
- F2One-third of the options vest on the first anniversary of the grant date and the remaining two-thirds vest in substantially equal installments on a monthly basis over the following two years, subject to Mr. Clark's continuing employment with the Company.