SEC Form 4 · accession 0001140361-17-000599
ProtoKinetix, Inc. · PKTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Marie Woodward
Officer — CFO
Period of report
Jan 1, 2017
Accepted (ET)
Jan 5, 2017 · 9:34 am 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 | $0.05 | Jan 1, 2017 | A | 4,000,000 | A | — | Dec 31, 2020 | Common Stock | 4,000,000 | 4,000,000 | D |
| OptionF2 | $0.08 | holding | — | — | — | — | Dec 31, 2019 | Common Stock | 4,000,000 | 4,000,000 | D |
| OptionF3 | $0.04 | holding | — | — | — | — | Feb 25, 2020 | Common Stock | 4,000,000 | 4,000,000 | D |
| OptionF4 | $0.04 | holding | — | — | — | — | Feb 25, 2020 | Common Stock | 2,000,000 | 2,000,000 | D |
Explanation of responses
- F1Options issued pursuant to the Company's 2017 Stock Option and Stock Bonus Plan. 1,000,000 shares of common stock vest on March 31, 2017; thereafter 1,000,000 shares vest every three months.
- F2Options 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.
- F3400,000 shares of common stock vest on March 31, 2015; thereafter 400,000 shares vest monthly on the last day of each month.
- F4This 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. On December 30, 2017, the Company extended Ms. Woodward's option expiration date from February 25, 2017 to February 25, 2020.