SEC Form 4 · accession 0001422224-16-000026
KUSTOM ENTERTAINMENT, INC. · KUST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanton E Ross
Officer — CEO & President · Director
Period of report
May 12, 2016
Accepted (ET)
May 16, 2016 · 10:12 am EDT
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 | May 12, 2016 | A | 65,000 | $0.00 | A | 285,688 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 12, 2016 the Reporting Person was granted 65,000 shares of restricted common stock under the Digital Ally, Inc. 2015 Stock Option and Restricted Stock Plan. Such restricted shares vest one-half (32,500 shares) on May 11, 2017 and the remaining one-half (32,500 shares) on May 11, 2018. Vesting is contingent upon the Reporting Person remaining as an employee at such points in time.