SEC Form 4 · accession 0001368365-18-000002
REMARK HOLDINGS, INC. · MARK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas Osrow
Officer — Chief Financial Officer
Period of report
Jan 16, 2018
Accepted (ET)
Jan 18, 2018 · 8:49 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 | Jan 16, 2018 | M | 20,000 | $4.29 | A | 20,000 | D | |
| Common StockF2 | Jan 16, 2018 | S | 20,000 | $13.016 | D | 0 | 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)F3 | $4.29 | Jan 16, 2018 | M | 20,000 | D | — | Jul 28, 2025 | Common Stock | 20,000 | 279,458 | D |
| Stock option (right to buy)F3 | $5.00 | holding | — | — | — | — | Oct 30, 2023 | Common Stock | 37,400 | 37,400 | D |
| Stock option (right to buy)F3 | $6.30 | holding | — | — | — | — | Feb 17, 2024 | Common Stock | 75,000 | 75,000 | D |
| Stock option (right to buy)F3 | $4.04 | holding | — | — | — | — | Nov 9, 2026 | Common Stock | 100,000 | 100,000 | D |
| Stock option (right to buy)F3 | $1.99 | holding | — | — | — | — | Jun 20, 2027 | Common Stock | 180,000 | 180,000 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.75 to $13.74 on January 16, 2018. 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.
- F3These options are fully vested.