SEC Form 4 · accession 0001213900-15-002150
Ominto, Inc. · OMNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Betina Sorensen
Officer — Chief Marketing Officer · 10% Owner
Period of report
Jul 22, 2014
Accepted (ET)
Mar 27, 2015 · 4:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001097792
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 22, 2014 | D | 5,000,000 | $0.00 | D | 72,820,304 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 22, 2014, the reporting person voluntarily forfeited 5 million shares of restricted stock that were granted to him under the Issuer's 2010 Omnibus Equity Compensation Plan and were subject to time-based vesting.
- F2Includes 67,820,304 shares of the issuer's common stock held by Michael Hansen or Mr. Hansen. As a member of Mr. Hansen's household, Ms. Sorensen may be deemed to have a pecuniary interest in any shares held by Mr. Hansen. Ms. Sorensen disclaims a pecuniary interest in the shares of the issuer's common stock held by Mr. Hansen.