SEC Form 4 · accession 0001366340-16-000068
FINJAN HOLDINGS, INC. · FNJN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Christopher Southworth
Director
Period of report
Jul 8, 2016
Accepted (ET)
Jul 12, 2016 · 11:43 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001366340
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 8, 2016 | M | 2,032 | $0.00 | A | 16,258 | D |
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,F3 | $0.00 | Jul 8, 2016 | M | 2,032 | A | — | — | Common Stock | 2,032 | 8,132 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") granted to the reporting person represents the contingent right to receive one share of common stock of Finjan Holdings, Inc. or its equivalent cash value, subject to the terms and conditions of the Finjan Holdings, Inc. 2014 Incentive Compensation Plan.
- F2Because the vesting date of the RSUs fell on a weekend, they vested on July 8, 2016, the last trading day prior to the vesting date.
- F3The RSUs vested one-third on July 10, 2015 and an additional 8.33% of the RSUs vest every three calendar months following such date. The RSUs will be settled upon vesting.