SEC Form 4 · accession 0001213900-16-019118
Ominto, Inc. · OMNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Hansen
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Nov 30, 2016
Accepted (ET)
Dec 2, 2016 · 5:25 pm EST
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 | Nov 30, 2016 | A | 4,060 | $4.93 | A | 1,961,318 | D | |
| Common StockF1,F2 | Nov 30, 2016 | A | 6,422 | $3.11 | A | 1,967,740 | D | |
| Common StockF1,F2 | Nov 30, 2016 | A | 6,775 | $2.95 | A | 1,974,515 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Total of 17,257 shares of fully vested common stock awarded for payment of salary compensation fees in lieu of cash for January - March 2016. The number of shares granted were calculated using the average closing stock price for each month of service.
- F2Mr. Hansen disclaims a pecuniary interest in any other ownership interest, including those securities held by Ms. Sorensen which are not included in this Form 4, with whom he shares a household, and their adult child. As a member of the same household, Mr. Hansen may be deemed to have a pecuniary interest in any securities held by Ms. Sorensen or their adult child.