SEC Form 4 · accession 0001555667-16-000088
TerraVia Holdings, Inc. · TVIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Apurva S Mody
Officer — Chief Executive Officer · Director
Period of report
Aug 22, 2016
Accepted (ET)
Aug 22, 2016 · 4:29 pm EDT
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 | Aug 22, 2016 | A | 300,000 | $0.00 | A | 300,000 | D |
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)F2 | $2.62 | Aug 22, 2016 | A | 1,500,000 | A | — | Aug 21, 2026 | Common Stock | 1,500,000 | 1,500,000 | D |
Explanation of responses
- F1The grant vests as to 50,000 shares on August 22, 2016, as to 62,500 shares on September 14, 2017 and the remaining 187,500 shares vest in six equal installments of 31,250 shares on each of March 8, 2018; September 14, 2018; March 1, 2019; September 11, 2019; March 2, 2020 and September 14, 2020.
- F2The option vests as to 250,000 shares on August 22, 2016, as to 312,500 shares on August 22, 2017 and the remaining 937,500 shares vest in 36 equal monthly installments, with the first montly installment vesting on September 22, 2017.