SEC Form 4 · accession 0001209191-16-127452
GAIA, INC · GAIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Jackson
Officer — Secretary & VP Corp Dev
Period of report
Jun 9, 2016
Accepted (ET)
Jun 13, 2016 · 6:11 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 | Jun 9, 2016 | M | 1,100 | $7.71 | A | 1,821 | D | |
| Class A Common StockF1 | Jun 9, 2016 | S | 1,100 | $7.8109 | D | 721 | 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 | $7.71 | Jun 9, 2016 | M | 1,100 | D | — | Nov 3, 2024 | Class A Common Stock | 1,100 | 48,900 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average. Theses shares were sold in multiple transactions at prices ranging from $7.81-$7.82, 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 request, full information regarding the number of shares sold at each price within the range set forth in footnote (1) to this Form 4.
- F2The option is partially vested. The option was originally granted on November 04, 2014, and provided for vesting of 2% per month for 50 months commencing on December 1, 2014.