SEC Form 4 · accession 0001213900-16-019342
Ominto, Inc. · OMNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Betina Sorensen
Officer — CHIEF OPERATING OFFICER
Period of report
Dec 8, 2016
Accepted (ET)
Dec 12, 2016 · 9:41 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 |
|---|---|---|---|---|---|---|---|---|
| RESTRICTED COMMON STOCKF1,F2 | Dec 8, 2016 | A | 300,000 | $0.00 | A | 300,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The restricted stock award vests as follows: 15,000 shares vested on the grant date, the remaining shares vest at the rate of 1/60 per month on the 1st day of each month IN accordance with Employment Agreement with an effective date of 12/08/2016.
- F2As a member of the same household, Ms. Sorensen may be deemed to beneficially own securities of the Issuer held by Mr. Hansen and their adult child Ms. Sorensen expressly disclaims a pecuniary interest in any other ownership interest, including those securities held by Mr. Hansen and their adult child which are not included in this Form 4.