SEC Form 5 · accession 0001493152-19-002144
FTE Networks, Inc. · FTNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fred Sacramone
Officer — President of Subsidiary · Director
Period of report
Dec 31, 2018
Accepted (ET)
Feb 14, 2019 · 9:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001122063
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF1 | $8.75 | Oct 1, 2017 | A | 2,400 | A | Oct 1, 2018 | Oct 1, 2027 | Common Stock | 2,400 | 12,400 | D |
| Option to Purchase Common StockF2 | $15.84 | May 10, 2018 | A | 250,000 | A | May 10, 2018 | May 10, 2028 | Common Stock | 250,000 | 262,400 | D |
Explanation of responses
- F1Non-qualified stock options granted pursuant to the Company's 2017 Omnibus Incentive Plan. Options shall vest as follows: 25% per annum, beginning on the 1st anniversary date (October 1, 2018).
- F2Non-qualified stock options granted pursuant to the Company's 2017 Omnibus Incentive Plan. Options shall vest as follows: 25% on the date of issuance, and then 25% per annum, beginning May 10, 2019.