SEC Form 4 · accession 0001366340-17-000101
FINJAN HOLDINGS, INC. · FNJN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip Hartstein
Officer — President & CEO
Period of report
Dec 12, 2017
Accepted (ET)
Dec 14, 2017 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001366340
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (right to buy)F1 | $2.25 | Dec 12, 2017 | A | 190,000 | A | Dec 12, 2018 | Dec 12, 2027 | Common Stock | 190,000 | 190,000 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Dec 12, 2017 | A | 200,000 | A | — | — | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1The option will vest and become exercisable as to 56,667 shares of common stock of Finjan Holdings, Inc. on the first anniversary of the grant date and vest as to 12.5% of the remaining balance of the shares of common stock in equal installments every three calendar months thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on December 12, 2020.
- F2Each 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. Amended and Restated 2014 Incentive Compensation Plan.
- F3The RSUs vest 33.3333% on the third anniversary of the grant date and vest as to an additional 8.3333% of the RSUs every three calendar months following such date such that 100% of the RSUs will have fully vested as of December 12, 2022. The RSUs will be settled upon vesting.