SEC Form 4 · accession 0001140361-15-018057
CapForce Inc. · CFOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy C Dec
Officer — Chief Financial Officer
Period of report
May 4, 2015
Accepted (ET)
May 6, 2015 · 8:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001293818
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 Option (right to buy)F1 | $6.00 | May 4, 2015 | A | 114,320 | A | — | May 4, 2025 | Common Stock | 114,320 | 114,320 | D |
Explanation of responses
- F1The option vests one-forty-eighth (1/48%) monthly during the period ending June 30, 2015, then 25% (taking into account the number already vested) on May 4, 2016, and 6.25% at the end of each quarterly period thereafter over a period of three years.