SEC Form 4 · accession 0001209191-17-044519
Lite Strategy, Inc. · LITS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel P Gold Ph.D.
Officer — Chief Executive Officer · Director
Period of report
Jul 6, 2017
Accepted (ET)
Jul 10, 2017 · 2:24 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 stockF2,F1 | $2.83 | Jul 6, 2017 | A | 380,000 | A | — | Jul 6, 2027 | Common Stock par value $0.00000002 | 380,000 | 1,234,166 | D |
Explanation of responses
- F1One-quarter of the options will vest on July 6, 2018; the remaining three-quarters of the options will vest in equal monthly installments over the following thirty-six months.
- F2The total number of derivative securities reported in Column 9 includes previously awarded options, which were subject to the effect of a 1 for 6 reverse stock split, which was effective on December 18, 2012.