SEC Form 4 · accession 0001179110-16-018063
YIELD10 BIOSCIENCE, INC. · YTEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Strobeck
Director
Period of report
Jan 27, 2016
Accepted (ET)
Jan 28, 2016 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001121702
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 27, 2016 | J | 12,500 | $0.00 | D | 0 | D | |
| Common Stock | holding | — | — | — | 1,486,136 | D | ||
| Common StockF2 | holding | — | — | — | 710,366 | I | Owned by Birchview Fund LLC | |
| Common StockF3 | holding | — | — | — | 66,664 | I | Owned as custodian | |
| Common StockF4 | holding | — | — | — | 14,949 | I | By spouse as custodian UGMA for children | |
| Common StockF5 | holding | — | — | — | 6,819 | I | As trustee |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 27, 2016, Mr. Strobeck abandoned and relinquished all rights and interests in the restricted stock units ("RSUs") granted to him on September 10, 2015 pursuant to the Issuer's 2014 Stock Option and Incentive Plan. Mr. Strobeck did not receive any payment or other consideration for the cancellation of the RSUs. Each RSU represented a contingent right to receive one share of the Issuer's common stock. None of the RSUs were vested at the date of relinquishment.
- F2Mr. Strobeck is the sole member of Birchview Capital GP, LLC (the "GP"), the general partner of Birchview Capital, LP (the "Investment Manager"), which is the investment Manager of the Fund) and the sole member of Birchview Partners, LLC (the "Manager"), which is a member of the Fund. Mr. Strobeck disclaims Section 16 beneficial ownership of the shares of Common Stock held by the Fund (collectively, the "Fund Shares") and this report shall not be deemed an admission that such reporting person is the beneficial owner of such Fund Shares, except to the extent of his pecuniary interest, if any, in the Fund Shares by virtue of his membership interest in the GP.
- F3The reported securities are held in accounts for minor children for which Mr. Strobeck serves as a custodian. Mr. Strobeck disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F4Mr. Strobeck disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F5These shares are held indirectly by a trust for the benefit of the reporting person's children. Mr. Strobeck is a trustee of the trust. Mr. Strobeck disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in them.