SEC Form 3 · accession 0001493152-18-008997
GENESIS FINANCIAL INC · GFNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Kenneth Attinger
Officer — President and COO
Period of report
Jun 13, 2018
Accepted (ET)
Jun 20, 2018 · 10:17 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001183082
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 per share | holding | — | — | — | 1,250,000 | 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)F1 | — | holding | — | — | — | — | — | Common Stock | 1,750,000 | — | D |
Explanation of responses
- F1The employee stock options were awarded in connection with the reporting person's employment, have a ten-year term and are scheduled to vest on a quarterly basis, in eight equal quarterly instalments, beginning with the quarter beginning July 1, 2018, and are exercisable at a per share exercise price of $3.00.