SEC Form 4 · accession 0001437749-17-001886
TOWERSTREAM CORP · TWER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip Urso
Director · Other
Period of report
Feb 4, 2017
Accepted (ET)
Feb 7, 2017 · 7:41 pm EST
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 | $0.18 | Feb 4, 2017 | A | 500,653 | A | Feb 4, 2017 | Feb 4, 2027 | Common Stock | 500,653 | 729,684 | D |
Explanation of responses
- F1These options were granted as compensation for Mr. Urso's service as former Interim Chief Executive Officer. The options were fully vested on the date of grant.