SEC Form 4 · accession 0001683168-16-000338
Kartoon Studios, Inc. · TOON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rebecca D Hershinger
Officer — CFO
Period of report
Sep 13, 2016
Accepted (ET)
Oct 18, 2016 · 4:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001355848
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 OptionF1,F2,F3 | $2.00 | Sep 13, 2016 | A | 195,250 | A | — | Sep 13, 2021 | Common Stock | 195,250 | 195,250 | D |
| Stock OptionF1 | $2.00 | Sep 13, 2016 | A | 60,008 | A | Sep 13, 2016 | Sep 13, 2021 | Common Stock | 60,008 | 60,008 | D |
Explanation of responses
- F1This stock option was granted pursuant to the Issuer's 2015 Incentive Plan, as amended.
- F2The stock options have the following exercise prices: $2.00 for options that vest on April 18, 2017, $3.00 for options that vest on April 18, 2018 and $4.00 for options that vest on April 18, 2019.
- F3The stock options shall vest as follows: options to purchase 55,000 shares shall vest on April 18, 2017, options to purchase 110,000 shares shall vest on April 18, 2018 and options to purchase 30,250 shares shall vest on April 18, 2019.