SEC Form 4 · accession 0001562180-15-000994
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
Nov 20, 2015
Accepted (ET)
Nov 24, 2015 · 12:27 pm EST
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 | $0.92 | Nov 20, 2015 | A | 394,107 | A | — | Nov 20, 2025 | Common Stock | 394,107 | 1,671,861 | D |
| Stock Options (Non Qualified)F2 | $0.92 | Nov 20, 2015 | A | 169,213 | A | — | Nov 20, 2025 | Common Stock | 169,213 | 1,841,074 | D |
| Stock Options (Non Qualified)F3 | $0.92 | Nov 20, 2015 | A | 482,381 | A | — | Nov 20, 2025 | Common Stock | 482,381 | 2,323,455 | D |
Explanation of responses
- F1The options were granted on November 20, 2015 and are subject to an immediate 100% vesting.
- F2The options were granted on November 20, 2015 and are subject to a three-year vesting schedule, with one-third vesting on each anniversary of the date of grant.
- F3The options were granted on November 20, 2015 and are subject to a three-year vesting schedule, with one-third vesting on each anniversary of the date of grant. This grant is contingent upon shareholder approval.