SEC Form 3 · accession 0001144204-17-016610
CORETEC GROUP INC. · CRTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Anthony Kraft
Officer — Chief Executive Officer
Period of report
Mar 21, 2017
Accepted (ET)
Mar 27, 2017 · 6:04 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001375195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.0001F1 | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF2 | — | holding | — | — | — | Mar 21, 2017 | Mar 20, 2028 | Common | 0 | — | D |
Explanation of responses
- F1In connection with the Issuer's appointment of the Reporting Person as its CEO, the Issuer agreed to issue a $25,000 bonus in the Issuer's restricted stock upon the occurrence of certain events.
- F2In connection with the Issuer's appointment of the Reporting Person as its CEO, the Issuer agreed, upon the occurrence of certain events, to issue an option to purchase up to $50,000 of the Issuer's common stock at an exercise price equal to the market price as of the date the Issuer meets certain milestones.