SEC Form 4 · accession 0001354271-16-000005
TWO RIVERS WATER & FARMING Co · TURV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Wayne Edward Harding III
Officer — CEO/CFO · Director
Period of report
Aug 11, 2016
Accepted (ET)
Sep 14, 2016 · 12:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001302946
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option | $0.20 | Aug 11, 2016 | A | 200,000 | A | Aug 11, 2016 | Aug 11, 2026 | Common Shares | 200,000 | 200,000 | D |
| Common Stock OptionF1 | $0.50 | Aug 11, 2016 | A | 200,000 | A | Dec 31, 2017 | Aug 11, 2026 | Common Shares | 200,000 | 400,000 | D |
| Common Stock OptionF2 | $1.00 | Aug 11, 2016 | A | 200,000 | A | Dec 31, 2018 | Aug 11, 2026 | Common Shares | 200,000 | 600,000 | D |
Explanation of responses
- F1Exercise price shall be $0.50 if stock price on December 31, 2017 is at or above $0.50. If the stock price is below $0.50, the exercise price shall be equal to the stock price calculated on a VWAP for the 30-day period preceding December 31, 2017, but not below $0.25.
- F2Exercise price shall be $1.00 if stock price on December 31, 2018 is at or above $1.00. If the stock price is below $1.00, the exercise price shall be equal to the stock price calculated on a VWAP for the 30-day period preceding December 31, 2018, but not below $0.25.