SEC Form 4 · accession 0001437749-18-013517
Accelerize Inc. · ACLZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Akselrud
Director
Period of report
Jul 1, 2018
Accepted (ET)
Jul 19, 2018 · 5:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001352952
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 1, 2018 | A | 120,000 | $0.00 | A | 157,241 | D | |
| Common StockF3 | Jul 1, 2018 | J | 106,688 | $0.00 | D | 50,553 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Issuer agreed to issue, as partial annual compensation for the Reporting Person's service as a director, the reported shares of Common Stock, which shares vest in four equal quarterly installments commencing on July 1, 2018.
- F2The Reporting Person is a partner in the law firm of Stubbs Alderton & Markiles, LLP (the "Law Firm"). While the Reporting Person receives the shares of Common Stock for service as a director, the Reporting Person holds such shares for the benefit of the Law Firm, and reserves the right to cause the shares to be transferred to the partners of the Law Firm in accordance with their pecuniary interests therein.
- F3The reported transaction reflects a pro rata transfer to the Reporting Person's partners in the Law Firm.