SEC Form 4 · accession 0001171843-15-006760
American CareSource Holdings, Inc. · GNOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norman Benny Winland
Officer — President and COO
Period of report
Dec 9, 2015
Accepted (ET)
Dec 11, 2015 · 12:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001316645
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F1 | $0.70 | Dec 9, 2015 | A | 105,000 | A | — | Dec 9, 2025 | Common Stock | 105,000 | 105,000 | D |
Explanation of responses
- F1The stock option vests as follows: (i) the option for 25,000 shares of common stock, par value $0.01 per share (the "Common Stock"), vested on the grant date; (ii) the option for 16,000 shares of Common Stock vests on the first anniversary of the grant date; and (iii) and the option for the remaining 64,000 shares of Common Stock vests in equal monthly installments over the 48 months immediately following the first anniversary of the grant date.