SEC Form 4 · accession 0001437749-16-037952
TOWERSTREAM CORP · TWER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur G Giftakis
Officer — Chief Operating Officer
Period of report
Aug 19, 2016
Accepted (ET)
Aug 22, 2016 · 9:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001349437
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 OptionsF1 | $2.25 | Aug 19, 2016 | A | 206,000 | A | — | Aug 18, 2026 | Common Stock | 206,000 | 236,000 | D |
Explanation of responses
- F1Options granted under registrant's 2016 Equity Incentive Plan. The options vest quarterly over a one year period commencing on the grant date. The option grant is subject to shareholder approval prior to the one year anniversary of the grant date.