SEC Form 4 · accession 0001213900-16-017469
INTELLIGENT PROTECTION MANAGEMENT CORP. · IPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arash Vakil
Officer — Chief Product Officer
Period of report
Oct 7, 2016
Accepted (ET)
Oct 12, 2016 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001355839
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 Option (Right to Buy)F2,F1 | $0.15 | Oct 7, 2016 | A | 1,112,250 | A | — | Jun 17, 2025 | Common Stock | 1,112,250 | 1,112,250 | D |
Explanation of responses
- F1All of the options vested and became exercisable upon the closing of the merger contemplated by that certain Agreement and Plan of Merger dated as of September 13, 2016 by and among Snap Interactive, Inc. (the "Issuer"), SAVM Acquisition Corporation (a wholly-owned subsidiary of the Issuer), A.V.M. Software, Inc., and Jason Katz as the representative of A.V.M. Software, Inc. (such transaction, the "Merger").
- F2Received in the Merger in exchange for an option to purchase up to 7,500 shares of the common stock of A.V.M. Software, Inc. at an exercise price of $21.96 per share.