SEC Form 4 · accession 0001555667-16-000058
TerraVia Holdings, Inc. · TVIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan S Wolfson
Officer — Chief Executive Officer · Director
Period of report
Mar 8, 2016
Accepted (ET)
Mar 9, 2016 · 8:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001311230
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 8, 2016 | A | 140,000 | $0.00 | A | 271,250 | D | |
| Common StockF3,F4 | holding | — | — | — | 2,304,850 | I | By Trust | |
| Common StockF5,F6 | holding | — | — | — | 123,751 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F7 | $1.66 | Mar 8, 2016 | A | 700,000 | A | — | Mar 7, 2026 | Common Stock | 700,000 | 700,000 | D |
Explanation of responses
- F1The grant shall vest as to 1/4 of the shares on March 9, 2017 and thereafter shall vest as to 1/8 of the shares on each of September 14, 2017, March 8, 2018, September 14, 2018, March 1, 2019, September 11, 2019 and March 11, 2020.
- F2115,000 directly held shares were previously transferred by Mr. Wolfson to the Wolfson Revocable Trust dated August 12, 2010.
- F355,625 shares were previously transferred from the Jonathan S. Wolfson Revocable Trust dated August 12, 2010 to the Wolfson Revocable Trust dated August 12, 2010.
- F4The Jonathan S. Wolfson Revocable Trust dated August 12, 2010.
- F555,625 shares were previously transferred from the Jonathan S. Wolfson Revocable Trust dated August 12, 2010 to the Wolfson Revocable Trust dated August 12, 2010, and 115,000 directly held shares were previously transferred by Mr. Wolfson to the Wolfson Revocable Trust dated August 12, 2010.
- F6The Wolfson Revocable Trust dated August 12, 2010.
- F7The option shall vest as to 1/48 of the underlying shares monthly beginning February 1, 2016.