SEC Form 4 · accession 0001140361-15-040929
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
Nov 10, 2015
Accepted (ET)
Nov 12, 2015 · 7:03 pm EST
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 Options (right to buy)F1 | $1.70 | Nov 10, 2015 | A | 50,000 | A | — | Nov 10, 2025 | Common Stock | 50,000 | 50,000 | D |
| Restricted Stock UnitsF2,F3 | — | Nov 10, 2015 | A | 25,000 | A | — | — | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The option vests 25% on November 10, 2016 and 6.25% quarterly thereafter on the first business day of each quarter for a period of three years, with acceleration of vesting in certain circumstances associated with a change of control.
- F2Each restricted stock unit represents a right to receive one share of OpGen, Inc. common stock.
- F3The restricted stock units vest in four equal annual installments beginning on November 10, 2016, with acceleration of vesting in certain circumstances associated with a change of control