SEC Form 4 · accession 0000899243-17-001470
GI DYNAMICS, INC. · GID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Callahan
Officer — Chief Compliance Officer
Period of report
Jan 12, 2017
Accepted (ET)
Jan 18, 2017 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001245791
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $0.78 | Jan 12, 2017 | A | 97,535 | A | — | Jan 12, 2027 | Common Stock | 97,535 | 192,641 | D |
Explanation of responses
- F1The option vests in equal amounts on a quarterly basis over four (4) years until January 12, 2021. In the event of a change of control of the Issuer, the option shall become vested in full.