SEC Form 4 · accession 0001555667-17-000003
TerraVia Holdings, Inc. · TVIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tyler Painter
Officer — COO and CFO
Period of report
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 6:56 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 | Feb 6, 2017 | A | 100,000 | $0.00 | A | 501,629 | D | |
| Common StockF3 | Feb 6, 2017 | A | 20,000 | $0.00 | A | 521,629 | 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)F4 | $0.86 | Feb 6, 2017 | A | 200,000 | A | — | Feb 5, 2027 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1The grant shall vest as to 1/4 of the shares on March 5, 2018 and thereafter shall vest as to 1/8 of the shares on each of September 10, 2018, March 4, 2019, September 9, 2019, March 2, 2020, September 14, 2020 and March 1, 2021.
- F2Includes 1,292 shares acquired under the TerraVia Holdings, Inc. Employee Stock Purchase Plan on August 15, 2016.
- F3The grant shall vest as to all of the shares on March 5, 2018.
- F4The option shall vest as to 1/48 of the underlying shares monthly beginning on February 1, 2017.