SEC Form 4 · accession 0000891839-16-000151
Saker Aviation Services, Inc. · SKAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William B Wachtel
Director · 10% Owner
Period of report
Nov 25, 2015
Accepted (ET)
Jan 15, 2016 · 9:00 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001128281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 25, 2015 | M | 25,000 | $0.04 | A | 4,349,387 | D | |
| Common Stock | Nov 25, 2015 | F | 12,500 | $0.08 | D | 4,336,887 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $0.04 | Nov 25, 2015 | M | 25,000 | D | Dec 1, 2011 | Dec 1, 2015 | Common Stock | 25,000 | 0 | D |
| Stock Option (Right to Buy) | $0.08 | Dec 1, 2015 | A | 100,000 | A | Dec 1, 2016 | Dec 1, 2020 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1This option was granted under the Issuer's Stock Option Plan of 2005 in a transaction exempt under Rule 16b-3.