SEC Form 4 · accession 0001368365-17-000063
REMARK HOLDINGS, INC. · MARK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Douglas Osrow
Officer — Chief Financial Officer
Period of report
Dec 4, 2017
Accepted (ET)
Dec 5, 2017 · 9:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368365
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 4, 2017 | M | 2,600 | $5.00 | A | 46,600 | D | |
| Common Stock | Dec 4, 2017 | S | 2,600 | $8.80 | D | 44,000 | D | |
| Common StockF1 | Dec 4, 2017 | S | 10,000 | $8.875 | D | 34,000 | D | |
| Common Stock | Dec 5, 2017 | M | 10,000 | $5.00 | A | 44,000 | D | |
| Common Stock | Dec 5, 2017 | M | 50,542 | $4.29 | A | 94,542 | D | |
| Common StockF1 | Dec 5, 2017 | S | 90,542 | $8.018 | D | 4,000 | 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 | $5.00 | Dec 4, 2017 | M | 2,600 | D | — | Oct 30, 2023 | Common Stock | 2,600 | 47,400 | D |
| Stock option (right to buy)F2 | $5.00 | Dec 5, 2017 | M | 10,000 | D | — | Oct 30, 2023 | Common Stock | 10,000 | 37,400 | D |
| Stock option (right to buy)F3 | $4.29 | Dec 5, 2017 | M | 50,542 | D | — | Jul 28, 2025 | Common Stock | 50,542 | 299,458 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions in the following price ranges: $8.85 to $8.90 on December 4, 2017, and $7.90 to $8.20 on December 5, 2017. The reporting person undertakes to provide upon request by the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.
- F2These options were granted under the 2010 Equity Incentive Plan, as amended. One quarter of these options vested on each of January 30, 2014, April 30, 2014, July 30, 2014 and October 30, 2014.
- F3These options were granted under the 2014 Incentive Plan, as amended. One half of these options vested on July 28, 2015, and one quarter of these options vested on each of September 30, 2015 and December 31, 2015.