SEC Form 4 · accession 0000721748-16-001326
IRONCLAD PERFORMANCE WEAR CORP · ICPW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vane Clayton
Director
Period of report
May 16, 2016
Accepted (ET)
May 24, 2016 · 2:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301712
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 16, 2015 | M | 31,854 | $0.09 | A | 699,071 | D | |
| Common Stock | May 16, 2015 | J | 31,854 | $0.00 | D | 667,217 | D | |
| Common Stock | May 16, 2015 | J | 31,854 | $0.00 | A | 198,521 | I | By Clayton Wyoming, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $0.09 | May 16, 2016 | M | 31,854 | D | — | May 17, 2016 | Common Stock | 31,854 | 0 | D |
Explanation of responses
- F1The reporting person transferred the shares without consideration to Clayton Wyoming, LLC, an entity controlled by the Reporting Person.
- F2Vestes 1/12th per month on the monthly anniversary of the date of grant until fully vested.