SEC Form 4 · accession 0001683168-17-000827
TELKONET INC · TKOI.OB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Sobieski
Officer — Chief Technology Officer
Period of report
Jan 3, 2017
Accepted (ET)
Apr 6, 2017 · 11:48 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094084
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,F2,F3 | $0.14 | Jan 3, 2017 | A | 1,000,000 | A | — | — | Common Stock | 1,000,000 | 1,322,590 | D |
Explanation of responses
- F1Options granted pursuant to officers Amended and Restated Employment Agreement dated 01/03/2016.
- F2Options vest annually over 3 years or upon sale of Company defined in Exhibit A of Restated Employment Agreement dated 01/03/2016.
- F3This option expires on the earlier of the ten year anniversary or one year from employment separation.