SEC Form 4 · accession 0001209191-15-074713
SPARK NETWORKS INC · LOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory J Franchina
Officer — Chief Information Officer
Period of report
Oct 5, 2015
Accepted (ET)
Oct 7, 2015 · 7:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001314475
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 5, 2015 | M | 8,194 | $3.00 | A | 8,194 | D | |
| Common Stock | Oct 5, 2015 | S | 8,194 | $3.25 | D | 0 | D | |
| Common Stock | Oct 6, 2015 | M | 66,256 | $3.00 | A | 66,256 | D | |
| Common Stock | Oct 6, 2015 | S | 66,256 | $3.25 | D | 0 | D | |
| Common Stock | Oct 7, 2015 | M | 300 | $3.00 | A | 300 | D | |
| Common Stock | Oct 7, 2015 | S | 300 | $3.35 | D | 0 | 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 | $3.00 | Oct 5, 2015 | M | 8,194 | D | — | Jan 5, 2016 | Common Stock | 8,194 | 167,886 | D |
| Employee Stock Option (right to buy)F2 | $3.00 | Oct 6, 2015 | M | 66,256 | D | — | Jan 5, 2016 | Common Stock | 66,256 | 101,630 | D |
| Employee Stock Option (right to buy)F2 | $3.00 | Oct 7, 2015 | M | 300 | D | — | Jan 5, 2016 | Common Stock | 300 | 101,330 | D |
Explanation of responses
- F1The sales reported herein were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2015.
- F2107,525 of the options vested on January 5, 2010 and the remaining options vested monthly in equal installments. Options are currently fully vested.