SEC Form 3 · accession 0001415889-16-004833
FITLIFE BRANDS, INC. · FTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen D. Adele
Officer — CEO, iSatori, Inc. · Director
Period of report
Sep 30, 2015
Accepted (ET)
Feb 18, 2016 · 2:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001374328
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 1,122,371 | I | By Stephen Adele Enterprises | |
| Common StockF1 | holding | — | — | — | 1,039 | I | By Reporting Person's Children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F1 | $3.29 | holding | — | — | — | — | Feb 16, 2022 | Common Stock | 55,898 | — | D |
Explanation of responses
- F1In connection with the merger between the Issuer and iSatori, Inc. ("iSatori") on September 30, 2015, pursuant to which iSatori became a wholly owned subsidiary of the Issuer (the "Merger"), each iSatori shareholder received the right to exchange one share of iSatori common stock for 0.1732 shares of the Issuer's common stock. The shares and options reported herein represent shares and options to purchase shares of the Issuer's common stock issued to the Reporting Person as a result of the Merger.
- F2Options were fully exercisable upon issuance by the Issuer.