SEC Form 4 · accession 0001354488-16-008530
root9B Holdings, Inc. · RTNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph J Grano Jr.
Officer — CEO and Chairman · Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 9:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001272550
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (right to buy)F1 | $0.76 | Nov 14, 2016 | D | 1,036,842 | D | Dec 31, 2012 | Dec 31, 2017 | Common Stock | 1,036,842 | 0 | I |
| Options (right to buy)F2 | $0.76 | Nov 14, 2016 | A | 528,789 | A | Nov 14, 2016 | Dec 31, 2017 | Common Stock | 528,789 | 528,789 | D |
Explanation of responses
- F1The outstanding options to purchase the Company?s common stock pursuant to a grant made to Centurion Holdings, LLC under the Company?s 2008 Stock Incentive Plan on December 31, 2012 (the ?Prior Award?) were cancelled and rescinded. Mr. Grano received a partial replacement award of options, which is described in footnote 2.
- F2In connection with the cancellation and rescission of the outstanding portions of the Prior Award, Mr. Grano received a replacement award made under the Company?s 2008 Stock Incentive Plan (the ?Replacement Award?). The Replacement Award reflects the outstanding portion of the Prior Award, less Mr. Grano?s voluntarily forfeiture of 508,053 options. The Replacement Award is fully vested and immediately exercisable.