SEC Form 4 · accession 0001600481-16-000009
WALKER INNOVATION INC. · WLKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Siegel
Officer — President, Chief Legal Officer
Period of report
May 12, 2016
Accepted (ET)
May 12, 2016 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294649
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 | $0.26 | May 12, 2016 | A | 200,000 | A | — | May 12, 2026 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Stock option granted pursuant to Walker Innovation Inc. (formerly known as The Patent Properties, Inc.) 2015 Long-term Incentive Plan in respect of 16,666 shares exercisable from and after each of August 12, 2016; November 12, 2016; February 12, 2017; May 12, 2017; August 12, 2017; November 12, 2017; February 12, 2018; May 12, 2018; August 12, 2018; November 12, 2018; and February 12, 2019; and 16,674 shares excerciseable from and after May 12, 2019.