SEC Form 4 · accession 0001209191-15-027260
GAIA, INC · GAIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn Powers
Officer — CEO · Director
Period of report
Feb 26, 2015
Accepted (ET)
Mar 17, 2015 · 7:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001089872
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $5.30 | Feb 26, 2015 | D | 109,200 | D | — | Mar 31, 2016 | Class A Common Stock | 109,200 | 0 | D |
| Employee Stock Option (right to buy)F1 | $5.30 | Feb 26, 2015 | A | 109,200 | A | — | Mar 31, 2016 | Class A Common Stock | 109,200 | 109,200 | D |
Explanation of responses
- F1The two reported transactions involve the extension of the expiration date for an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 20, 2003 and cancelled and replaced once on November 4, 2010, again on March 5, 2012, again on March 11, 2014, and again on February 26, 2015 and provided for vesting of 2% per month for 50 months commencing on October 1, 2004.