SEC Form 4 · accession 0001209191-17-055523
SPARK NETWORKS INC · LOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley Goldberg
Director
Period of report
Sep 30, 2017
Accepted (ET)
Oct 3, 2017 · 8:21 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 StockF1 | Sep 30, 2017 | M | 5,914 | — | A | 148,593 | D | |
| Common StockF1 | Sep 30, 2017 | M | 11,065 | — | A | 159,658 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2,F3 | — | Sep 30, 2017 | M | 5,914 | D | — | — | Common Stock | 5,914 | 5,914 | D |
| Restricted Stock UnitF1,F4,F3 | — | Sep 30, 2017 | M | 11,065 | D | — | — | Common Stock | 11,065 | 11,065 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Spark Network, Inc.'s (the "Company") common stock.
- F2These shares represent a grant of restricted stock units under the Company's 2017 Omnibus Incentive Plan on June 29, 2017. This grant was made in lieu of cash fees for non-employee director service on the Company's board of directors for 2017. One-third (1/3) of the restricted stock units subject to the award vest at the end of the second, third and fourth fiscal quarters during fiscal 2017, subject to the reporting person's continuous service as a director.
- F3Not applicable.
- F4These shares represent a grant of restricted stock units under the Company's 2007 Omnibus Incentive Plan on March 21, 2017. This grant was made in lieu of cash fees for non-employee director service on the Company's board of directors for 2017. Twenty-five percent (25%) of the restricted stock units subject to the award vest at the end of each fiscal quarter during 2017, subject to the reporting person's continuous service as a director.