SEC Form 4 · accession 0001584128-15-000043
WALKER INNOVATION INC. · WLKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Ellenthal
Officer — Vice Chairman and CEO · Director
Period of report
May 15, 2015
Accepted (ET)
May 19, 2015 · 9:57 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294649
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 18, 2015 | P | 1,200 | $1.49 | A | 30,440 | 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 (right to buy)F2 | $1.40 | May 15, 2015 | A | 200,000 | A | — | May 15, 2025 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1The purchase of the shares of Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on March 19, 2015.
- F2Stock option grant pursuant to Amended and Restated Long-term Incentive Plan, effective March 2, 2015 in respect of 66,666 shares exercisable from and after May 15, 2016; 66,667 shares from and after May 15, 2017; and 66,667 shares from and after May 15, 2018.