SEC Form 4 · accession 0001213900-16-019397
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
Mitch C. Hill
Director
Period of report
Dec 8, 2016
Accepted (ET)
Dec 13, 2016 · 8:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001097792
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $2.80 | Dec 8, 2016 | A | 250,000 | A | — | Jan 26, 2024 | Common Stock | 250,000 | 250,000 | D |
| Stock OptionF2 | $2.80 | Dec 8, 2016 | A | 30,000 | A | — | Jun 6, 2024 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Option vests as follows: 50,344 options vested on the grant date, the remaining shares vest at a rate of 3,472 per month on the 26th day of each month over 4.83 years from the grant date.
- F2Option vests as follows: 5,000 options vested on the grant date, the remaining shares vest at a rate of 1/36 per month on the 6th of each month.