SEC Form 4 · accession 0001209191-17-025201
Lite Strategy, Inc. · LITS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian G. Drazba
Officer — Chief Financial Officer
Period of report
Apr 3, 2017
Accepted (ET)
Apr 4, 2017 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001262104
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase shares of common stockF1 | $1.59 | Apr 3, 2017 | A | 150,000 | A | — | Apr 3, 2027 | Common Stock par value $0.00000002 | 150,000 | 150,000 | D |
Explanation of responses
- F1One-quarter of the options will vest on April 3, 2018; the remaining three-quarters of the options will vest in equal monthly installments over the following thirty-six months.