SEC Form 4 · accession 0001171843-17-004170
PALISADE BIO, INC. · PALI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sandford D Smith
Director
Period of report
Jul 14, 2017
Accepted (ET)
Jul 18, 2017 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001357459
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Jul 14, 2017 | A | 9,311 | A | Jul 14, 2017 | — | Common Stock | 9,311 | 9,311 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2Represents 50% of compensatory Annual Grant for director services of $100,000. The RSU's vest quarterly on 9/30/17, 12/31/17, 3/31/18, and 6/30/18.