SEC Form 4 · accession 0001140361-16-046692
ProtoKinetix, Inc. · PKTX
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
Susan Marie Woodward
Officer — CFO
Period of report
Jan 1, 2016
Accepted (ET)
Jan 5, 2016 · 5:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001128189
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1 | $0.08 | Jan 1, 2016 | A | 4,000,000 | A | — | Dec 31, 2019 | Common Stock | 4,000,000 | 4,000,000 | D |
| OptionF2 | $0.04 | holding | — | — | — | — | Dec 31, 2019 | Common Stock | 4,000,000 | 4,000,000 | D |
| OptionF3 | $0.04 | holding | — | — | — | — | Dec 31, 2016 | Common Stock | 2,000,000 | 2,000,000 | D |
Explanation of responses
- F1Options issued pursuant to the Company's 2015 Stock Option and Stock Bonus Plan. 1,000,000 shares of common stock vest on March 31, 2016; thereafter 1,000,000 shares vest every three months.
- F2400,000 shares of common stock vest on March 31, 2015; thereafter 400,000 shares vest monthly on the last day of each month.
- F3This option vests upon a change in control in which the Company receives a price equal to or greater than $0.50 per issued and outstanding share of common stock as defined in Ms. Woodward's Consulting Agreement.