SEC Form 4 · accession 0001209191-18-045899
Lite Strategy, Inc. · LITS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Urso
Officer — Chief Operating Officer & GC
Period of report
Aug 6, 2018
Accepted (ET)
Aug 8, 2018 · 6:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001262104
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 6, 2018 | F | 17,764 | $3.75 | D | 33,606 | D | |
| Common StockF2,F3 | Aug 7, 2018 | S | 9,500 | $3.5836 | D | 24,106 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares withheld by and surrendered to the Issuer on August 6, 2018, to satisfy tax withholding obligations that arose in connection with the delivery of shares underlying restricted stock units that vested on August 5, 2018.
- F2Represents the number of shares sold to satisfy tax withholding obligations that arose in connection with the delivery of shares underlying restricted stock units that vested on August 5, 2018.
- F3The range of sales prices was $3.5825 to $3.60. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information will be provided regarding the number of shares purchased or sold at each separate price.