SEC Form 4 · accession 0001654954-18-014297
Fabric.AI, Inc. · FABC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Spencer Richardson
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 23, 2018
Accepted (ET)
Dec 27, 2018 · 6:07 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001086745
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 Option (right to buy)F1 | $0.27 | Dec 23, 2018 | A | 398,049 | A | Dec 23, 2018 | Dec 23, 2028 | Common Stock | 398,049 | 398,049 | D |
Explanation of responses
- F1The stock option was issued as compensation in lieu of a cash milestone payment pursuant to the Reporting Person's employment agreement with the Issuer.