SEC Form 4 · accession 0001683168-19-000118
Sonoma Pharmaceuticals, Inc. · SNOA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Schutz
Other
Period of report
Jan 14, 2019
Accepted (ET)
Jan 15, 2019 · 7:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001367083
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 35,858 | D |
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 | $38.15 | Jan 14, 2019 | H | 5,271 | D | — | Jan 14, 2019 | Common Stock | 5,271 | 188,087 | D |
| Stock option (right to buy)F3,F1 | $66.85 | Jan 14, 2019 | H | 3,571 | D | — | Jan 14, 2019 | Common Stock | 3,571 | 184,516 | D |
| Stock option (right to buy)F4,F1 | $68.95 | Jan 14, 2019 | H | 1,785 | D | — | Jan 14, 2019 | Common Stock | 1,785 | 182,731 | D |
| Stock option (right to buy)F5,F1 | $70.35 | Jan 14, 2019 | H | 3,928 | D | — | Jan 14, 2019 | Common Stock | 3,928 | 178,803 | D |
| Stock option (right to buy)F6,F1 | $56.00 | Jan 14, 2019 | H | 1,428 | D | — | Jan 14, 2019 | Common Stock | 1,428 | 177,375 | D |
| Stock option (right to buy)F7,F1 | $43.75 | Jan 14, 2019 | H | 5,357 | D | — | Jan 14, 2019 | Common Stock | 5,357 | 172,018 | D |
| Stock option (right to buy)F8,F1 | $32.55 | Jan 14, 2019 | H | 4,285 | D | — | Jan 14, 2019 | Common Stock | 4,285 | 167,733 | D |
| Stock option (right to buy)F9,F1 | $30.00 | Jan 14, 2019 | H | 20,000 | D | — | Jan 14, 2019 | Common Stock | 20,000 | 147,733 | D |
| Stock option (right to buy)F10,F1 | $4.81 | Jan 14, 2019 | H | 50,000 | D | — | Jan 14, 2019 | Common Stock | 50,000 | 97,733 | D |
| Stock option (right to buy)F11,F1 | $7.06 | Jan 14, 2019 | H | 30,000 | D | — | Jan 14, 2019 | Common Stock | 30,000 | 67,733 | D |
| Stock option (right to buy)F12,F1 | $2.41 | Jan 14, 2019 | H | 67,733 | D | — | Jan 14, 2019 | Common Stock | 67,733 | 0 | D |
Explanation of responses
- F1The stock options expired on January 14, 2019 in connection with the Separation and Mutual Release Agreement between the Issuer and Mr. Schutz, dated December 13, 2018.
- F10The stock options were originally granted on November 30, 2016 as a signing bonus for his employment agreement, dated July 26, 2016.
- F11The stock options were originally granted on April 3, 2017 in connection with his services as the Issuer's CEO.
- F12The stock options were originally granted on July 20, 2018 as a bonus for fiscal year 2018.
- F2The stock options were originally granted on March 10, 2009.
- F3The stock options were originally granted on February 10, 2010.
- F4The stock options were originally granted on June 7, 2010 pursuant to the Issuer's 2010 Bonus Plan.
- F5The stock options were originally granted on March 31, 2011 pursuant to the Issuer's 2010 Bonus Plan in lieu of cash.
- F6The stock options were originally granted on June 16, 2011 pursuant to the Issuer's 2011 Bonus Plan in lieu of cash.
- F7The stock options were originally granted on March 7, 2012 pursuant to the Issuer's 2011 Bonus Plan.
- F8The stock options were originally granted on August 24, 2012 pursuant to the Issuer's 2012 Bonus Plan in lieu of cash.
- F9The stock options were originally granted on September 19, 2013 pursuant to the Issuer's entry into a new employment agreement with him, effective June 02, 2013.