SEC Form 4 · accession 0001185185-18-001492
XPLORE TECHNOLOGIES CORP · XPLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea Goren
Director
Period of report
Jan 24, 2018
Accepted (ET)
Aug 15, 2018 · 7:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001177845
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 14, 2018 | U | 1,065,628 | $6.00 | D | 0 | I | See Footnote |
| Common Stock | Aug 14, 2018 | U | 1,659 | $6.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $2.73 | Jan 24, 2018 | A | 5,000 | A | — | Jul 24, 2026 | Common Stock | 5,000 | 5,000 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Jan 24, 2018 | A | 3,500 | A | — | — | Common Stock | 3,500 | 3,500 | D |
| Stock OptionsF2 | $2.73 | Aug 14, 2018 | U | 5,000 | D | — | Jul 24, 2026 | Common Stock | 5,000 | 0 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Aug 14, 2018 | U | 3,500 | D | — | — | Common Stock | 3,500 | 0 | D |
| Stock OptionsF2 | $5.00 | Aug 14, 2018 | U | 30,000 | D | — | Jan 8, 2021 | Common Stock | 30,000 | 0 | D |
| Stock OptionsF2 | $6.00 | Aug 14, 2018 | U | 56,812 | D | — | Sep 13, 2023 | Common Stock | 56,812 | 0 | D |
| Stock OptionsF2 | $6.38 | Aug 14, 2018 | U | 27,937 | D | — | Oct 7, 2023 | Common Stock | 27,937 | 0 | D |
Explanation of responses
- F1Includes shares held by Phoenix Venture Fund LLC ("Phoenix") (1,021,774) and Andax LLC ("Andax") (43,879). Mr. Goren is a co-manager of Phoenix and SG and shares voting and dispositive power over the shares held by Phoenix. Mr. Goren disclaims any beneficial ownership of the shares held by Phoenix except to the extent of his pecuniary interest, if any, in such shares. Mr. Goren is the manager of Andax. Mr. Goren disclaims any beneficial ownership of the shares held by Andax except to the extent of his pecuniary interest, if any, in such shares. Also includes 25 shares owned of record by Mr. Goren's spouse.
- F2Vesting in three equal annual installments over three years from date of grant.
- F3Unvested Restricted Stock Units expire upon termination of holder other than for death of disability.