SEC Form 4 · accession 0001437749-17-008483
Meet Group, Inc. · MEET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Alena
Officer — Chief Revenue Officer
Period of report
May 7, 2017
Accepted (ET)
May 9, 2017 · 9:30 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 | May 7, 2017 | F | 3,547 | $6.09 | D | 66,473 | D | |
| Common StockF2 | May 9, 2017 | A | 28,306 | $0.00 | A | 94,779 | 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)F3 | $5.18 | May 9, 2017 | A | 72,570 | A | — | May 9, 2027 | Common Stock | 72,570 | 72,570 | D |
Explanation of responses
- F1Net issuance of shares to the issuer by the reporting person to cover the reporting person's tax withholding obligations in connection with the vesting of 11,000 shares of restricted stock.
- F2Mr. Alena received a restricted stock award of 28,306 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. Alena's continuing employment with the Company.
- F3One-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. Alena's continuing employment with the Company.