SEC Form 4 · accession 0001209191-15-030052
GAIA, INC · GAIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen J. Thomas
Officer — Chief Financial Officer
Period of report
Mar 24, 2015
Accepted (ET)
Mar 27, 2015 · 9:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001089872
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 24, 2015 | M | 5,000 | $5.00 | A | 5,000 | D | |
| Class A Common StockF1 | Mar 24, 2015 | S | 5,000 | $7.5679 | D | 0 | D |
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)F2 | $5.00 | Mar 24, 2015 | M | 5,000 | D | — | Jun 3, 2015 | Class A Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $7.65-$7.52, inclusive. The reporting person undertakes to provide to Gaiam, Inc., any security holder of Gaiam, Inc., or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each price within the range set forth in footnote (1) to this From 4.
- F2The option is fully vested. The option was originally granted on June 3, 2008, repriced on January 15, 2009, and provided for vesting at 2% per month for 50 months commencing on May 1, 2009.