SEC Form 4 · accession 0001524735-17-000002
COPsync, Inc. · COYN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Rosario Alosa Sr.
Director
Period of report
Jan 3, 2017
Accepted (ET)
Feb 14, 2017 · 8:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001383154
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF1,F2 | $0.76 | Jan 3, 2017 | A | 10,000 | A | Jan 3, 2018 | Jan 2, 2027 | Common Stock | 10,000 | 8,630 | D |
Explanation of responses
- F1Director stock option grant pursuant to Rule 16-b(3). CF: Last year, the stockholders of COPsync, Inc. (the "Company") approved an amendment to the Company's 2009 Long-Term Incentive Plan (the "Plan) which, in part, increased the number of automatic stock option grants issued to outside Board members on the first business day of the year to 10,000 shares, provided the Board member has served on the Board at least six months.
- F2Includes 6,630 shares purchasable by Mr. Alosa within 60 days under an option agreement and 2,000 shares issuable upon the exercise of a warrant held by Mr. Alosa's spouse.