SEC Form 4 · accession 0001615774-18-000542
usell.com, Inc. · USEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grant Fitzwilliam
Director
Period of report
Jan 22, 2018
Accepted (ET)
Jan 24, 2018 · 5:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001271075
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 Options (Right to Buy)F1 | $0.44 | Jan 22, 2018 | A | 30,000 | A | Jan 22, 2019 | Jan 22, 2023 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1The stock options vest annually, in equal amounts over a two year period, beginning on the one-year anniversary date of the grant, subject to continued service as a director on each applicable vesting date.