SEC Form 5 · accession 0001209191-19-015317
GAIA, INC · GAIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Howard Sutherland
Director
Period of report
Dec 31, 2018
Accepted (ET)
Mar 4, 2019 · 10:39 am EST
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 |
|---|---|---|---|---|---|---|---|---|
| GAIA Class A Common StockF1 | holding | — | — | — | 33,840 | D | ||
| GAIA Class A Common StockF2 | holding | — | — | — | 4,000 | I | Held by 401(k) plan for the benefit of Mr. Sutherland | |
| GAIA Class A Common StockF3 | holding | — | — | — | 21,042 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F4 | $14.95 | May 3, 2018 | A | 7,257 | A | — | May 3, 2028 | Class A Common Stock | 7,257 | 7,257 | D |
Explanation of responses
- F1The reporting person jointly owns 150 shares with his son and 175 shares with his daughter of Gaia, Inc. Class A Common Stock reported herein.
- F2As a result of changes in his role at FIMgroup in November 2018, the reporting person is no longer reporting 5,900 shares directly beneficially held by FIMgroup.
- F3Revocable trust for which the reporting person serves as the trustee and the beneficiaries of which include members of the reporting person's immediate family.
- F4Stock option provides for vesting and exercisability of 20% per year on the date of the annual shareholder meeting starting.