SEC Form 4 · accession 0001213900-18-005268
Big Digital Energy, Inc. · BGDE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Noam Danenberg
Officer — Chief Operating Officer
Period of report
Apr 4, 2018
Accepted (ET)
May 1, 2018 · 11:25 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001218683
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs)F2,F3 | Apr 4, 2018 | A | 40,100 | $0.00 | A | 98,515 | 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)F5,F4 | $3.59 | Apr 4, 2018 | A | 36,000 | A | — | Apr 4, 2025 | Common Stock | 36,000 | 0 | D |
Explanation of responses
- F1The RSUs were fully vested upon grant.
- F2The RSUs were granted as compensation for services as the COO of the Issuer.
- F3Represents (i) 58,415 shares of the Issuer's Common Stock which are held by Mr. Danenberg through a company where Mr. Danenberg holds a minority interest and he does not serve as a director or an officer and (ii) 40,100 shares of Common Stock which were issued to N. Danenberg Holdings (2000) Ltd., a services company wholly owned by Mr. Danenberg ("Danenberg Holdings"), upon the vesting of RSUs that were granted by the Issuer on April 4, 2018.
- F4The Stock Option is exercisable in twelve equal installments over the three year period from the date of grant.
- F5The Stock Option was granted to Danenberg Holdings as compensation for services as the COO of the Issuer.