SEC Form 4 · accession 0001600481-17-000006
WALKER INNOVATION INC. · WLKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Siegel
Officer — Chief Executive Officer
Period of report
Feb 10, 2017
Accepted (ET)
Feb 10, 2017 · 4:46 pm EST
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 | $0.43 | Feb 10, 2017 | A | 150,000 | A | — | Feb 10, 2027 | Common Stock | 150,000 | 150,000 | D |
| Stock Option (Right to Buy)F2 | $0.43 | Feb 10, 2017 | A | 100,000 | A | — | Feb 10, 2027 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Stock option granted pursuant to Walker Innovation Inc. (formerly known as Patent Properties, Inc.) 2015 Long-term Incentive Plan in respect of 50,000 shares exercisable from and after each of February 3, 2018; February 3, 2019; and February 3, 2020.
- F2Stock option granted pursuant to Walker Innovation Inc. (formerly known as Patent Properties, Inc.) 2015 Long-term Incentive Plan in respect of 8,333 shares exercisable from and after each of March 3, 2017; April 3, 2017; May 3, 2017; June 3, 2017; July 3, 2017; August 3, 2017; September 3, 2017; October 3, 2017; November 3, 2017; December 3, 2017; and January 3, 2018; and 8,337 shares exercisable from and after February 3, 2018.