SEC Form 4 · accession 0001580695-16-000403
JAMMIN JAVA CORP. · JAMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anh Tien Tran
Officer — President · Director
Period of report
Jun 30, 2015
Accepted (ET)
May 6, 2016 · 4:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001334586
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 16, 2015 | A | 236,468 | $0.11 | A | 2,325,390 | D | |
| Common StockF1 | Feb 1, 2016 | A | 174,281 | $0.10 | A | 2,499,671 | D | |
| Common StockF2 | Mar 29, 2016 | A | 723,919 | $0.10 | A | 3,223,590 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF5,F4 | $0.46 | Jun 30, 2015 | J | 1,333,334 | D | — | Sep 10, 2018 | Common Stock | 1,333,334 | 3,333,333 | D |
| Stock OptionF5,F4 | $0.195 | Jun 30, 2015 | J | 1,333,334 | A | — | Sep 10, 2018 | Common Stock | 1,333,334 | 4,666,667 | D |
| Stock OptionF7,F6 | $0.195 | Jun 30, 2015 | A | 2,000,000 | A | — | Jun 30, 2020 | Common Stock | 2,000,000 | 6,666,667 | D |
| Stock OptionF5,F6 | $0.195 | Mar 10, 2016 | J | 2,000,000 | D | — | Jun 30, 2020 | Common Stock | 2,000,000 | 4,666,667 | D |
| Stock OptionF5,F6 | $0.12 | Mar 10, 2016 | J | 2,000,000 | A | — | Jun 30, 2020 | Common Stock | 2,000,000 | 6,666,667 | D |
Explanation of responses
- F1Shares were issued pursuant to the 2013 Stock Incentive Plan of the Issuer, which issuance was exempt from Section 16(b) pursuant to Rule 16b-3(d).
- F2Shares were issued pursuant to the 2015 Amended and Restated Equity Incentive Plan of the Issuer, which issuance was exempt from Section 16(b) pursuant to Rule 16b-3(d). Includes $50,000 bonus for fiscal 2017.
- F3On June 30, 2015, the Board of Directors of the Registrant provided that all 1,333,334 unvested options to purchase shares of the Registrant's common stock granted to the Reporting Person in August 2013 (options to purchase 2 million shares were originally granted, of which 666,666 options had vested), which originally had an exercise price of $0.46 per share, would be re-priced to have an exercise price of $0.195 per share, provided no other terms of the options were changed. These transactions are exempt from Section 16(b) pursuant to Rule 16b-3(d).
- F4666,667 options vested on September 10, 2015 and 666,667 options vest on September 10, 2016.
- F5Granted in consideration for services rendered.
- F6The Options vest annually over a three-year period from the grant date.
- F7Granted in consideration for services rendered. Granted pursuant to the 2015 Equity Incentive Plan of the Registrant, which grant was exempt from Section 16(b) pursuant to Rule 16b-3(d).
- F8On March 10, 2016, the Board of Directors of the Registrant provided that all 2,000,000 options to purchase shares of the Registrant's common stock granted to the Reporting Person in June 2015 (only the originally granted options and not the re-priced options), which originally had an exercise price of $0.195 per share, would be re-priced to have an exercise price of $0.12 per share, provided no other terms of the options were changed. These transactions are exempt from Section 16(b) pursuant to Rule 16b-3(d).