SEC Form 4 · accession 0000891839-17-000052
Saker Aviation Services, Inc. · SKAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J Ricciardi
Officer — President · Director
Period of report
Apr 18, 2017
Accepted (ET)
Apr 21, 2017 · 4:28 pm EDT
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 StockF1 | Apr 18, 2017 | M | 265,385 | $0.03 | A | 265,385 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $0.03 | Apr 18, 2017 | M | 265,385 | A | Oct 21, 2015 | Oct 21, 2020 | Common Stock | 265,385 | 0 | D |
Explanation of responses
- F1These shares were obtained upon Mr. Ricciardi's cashless exercise of the option to purchase 265,385 shares of Common Stock of Saker Aviation Services, Inc.
- F2In 2010, Mr. Ricciardi was granted an option for 500,000 shares, of which only 300,000 shares vested.