SEC Form 4 · accession 0001213900-15-003625
Ominto, Inc. · OMNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ivan Braiker
Officer — CEO/PRESIDENT
Period of report
May 11, 2015
Accepted (ET)
May 13, 2015 · 9:58 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 Stock | holding | — | — | — | 30,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1,F2 | $0.19 | May 11, 2015 | A | 5,000,000 | A | — | May 10, 2025 | Common | 5,000,000 | 5,000,000 | D |
| Stock OptionF3 | $0.19 | May 11, 2015 | A | 7,500,000 | A | — | May 10, 2025 | Common | 7,500,000 | 12,500,000 | D |
Explanation of responses
- F1Options are not exercisable until 20 days following mailing of the Issuer's 14c information statement (the "Effective Date"). 06/11/2015 is an estimate of the Effective Date.
- F2The options vest in 60 monthly installments of 83,333 shares.
- F3The option vest in 60 monthly installments of 125,000 shares.