SEC Form 4 · accession 0001213900-17-009027
Zoned Properties, Inc. · ZDPY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derek Overstreet
Director
Period of report
Aug 20, 2017
Accepted (ET)
Aug 22, 2017 · 6:05 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001279620
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 20, 2017 | J | 10,000 | $0.00 | D | 10,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (option to purchase) | $0.74 | Aug 20, 2017 | A | 10,000 | A | Aug 20, 2017 | Aug 20, 2027 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Represents the forfeiture of shares of common stock previously granted by the issuer, in exchange for the grant by the issuer of an option to purchase the same number of shares of common stock pursuant to the issuer's 2016 Equity Incentive Plan.
- F2Represents a grant by the issuer pursuant to the issuer's 2016 Equity Incentive Plan, in exchange for the forfeiture by the reporting person of shares of the issuer's common stock previously granted by the issuer.