SEC Form 4 · accession 0001422224-15-000003
KUSTOM ENTERTAINMENT, INC. · KUST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanton E Ross
Officer — Chairman, CEO & President · Director
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 9:51 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001342958
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1,F2 | Feb 13, 2015 | A | 30,000 | $11.50 | A | 116,145 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 13, 2015 the Reporting Person was granted 30,000 restricted shares of common stock under the Digital Ally, Inc. 2013 Stock Option and Restricted Stock Plan. The shares vest as follows: 15,000 shares (50% of total)on February 12, 2016 and 15,000 shares (50% of total) on February 12, 2017.
- F2These shares were valued at the closing price of the Company's common stock on the date of grant.