SEC Form 4/A · accession 0001140361-16-089061
ProtoKinetix, Inc. · PKTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Susan Marie Woodward
Officer — CFO
Period of report
Feb 26, 2015
Accepted (ET)
Dec 7, 2016 · 8:41 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 | $0.04 | Feb 26, 2015 | A | 4,000,000 | A | — | Feb 25, 2020 | Common Stock | 4,000,000 | 4,000,000 | D |
| OptionF2 | $0.04 | Feb 26, 2015 | A | 2,000,000 | A | — | Feb 25, 2017 | Common Stock | 2,000,000 | 2,000,000 | D |
Explanation of responses
- F1400,000 shares of common stock vest on March 31, 2015; thereafter 400,000 shares vest monthly on the last day of each month.
- F2This 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.
Remarks
The Form 4 filed on April 1, 2015 incorrectly stated the date of grant of the options as March 30, 2015 and the expiration date of the option for 4,000,000 shares and 2,000,000 shares as December 31, 2019 and December 31, 2016, respectively. The correct grant date is February 26, 2015 for both options and the correct expiration dates for the options for 4,000,000 shares and 2,000,000 shares is February 25, 2020 and February 25, 2017, respectively. The number of beneficially owned shares in item 9 has also been corrected.