SEC Form 4 · accession 0001182489-15-000494
LIGHTBRIDGE Corp · LTBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth Grae
Officer — President and CEO · Director
Period of report
Apr 8, 2015
Accepted (ET)
Apr 10, 2015 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084554
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Non Qualified)F1 | $1.26 | Apr 8, 2015 | A | 147,707 | A | — | Apr 8, 2015 | Common Stock | 147,707 | 968,103 | D |
| Stock Options (Non Qualified)F2 | $1.26 | Apr 8, 2015 | A | 56,040 | A | — | Apr 8, 2025 | Common Stock | 56,040 | 1,024,143 | D |
| Stock Options (Non Qualified)F3 | $1.26 | Apr 8, 2015 | A | 174,383 | A | — | Apr 8, 2025 | Common Stock | 174,383 | 1,198,526 | D |
Explanation of responses
- F1The options were granted on 4/8/15 and are subject to a three-year vesting schedule, with one-third vesting on each anniversary of the date of grant.
- F2The options were granted on 4/8/15 and cannot be exercised until after filing of Form S-8 with the SEC following shareholder approval of the 2015 Equity Incentive Plan.
- F3The options granted on 4/8/2015 are subject to an immediate 100% vesting.