SEC Form 4 · accession 0001562180-17-003433
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
Oct 26, 2017
Accepted (ET)
Nov 2, 2017 · 2:26 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 (Incentive Stock Options)F1 | $1.05 | Oct 26, 2017 | A | 136,527 | A | — | Oct 26, 2027 | Common Stock | 136,527 | 136,527 | D |
| Stock Options (Non Qualified)F2 | $1.05 | Oct 26, 2017 | A | 346,249 | A | — | Oct 26, 2027 | Common Stock | 346,249 | 941,935 | D |
Explanation of responses
- F1The options were granted on October 26, 2017 and are subject to an immediate vest. All options have a contractual life of 10 years.
- F2The options were granted on October 26, 2017. 46,102 options are subject to an immediate vest and 300,147 options will vest upon the attainment of specified milestones, of which 161,676 options are contingent upon shareholder approval. All options have a contractual life of 10 years.