SEC Form 4 · accession 0001209191-16-135486
AYTU BIOPHARMA, INC · AYTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua R. Disbrow
Officer — Chief Executive Officer
Period of report
Aug 2, 2016
Accepted (ET)
Aug 4, 2016 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001385818
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Aug 2, 2016 | A | 52,374 | $0.00 | A | 276,028 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option GrantF3 | $3.23 | holding | — | — | — | — | Nov 11, 2025 | Common Stock | 50,000 | 50,000 | D |
| Employee Stock Option GrantF4 | $3.23 | holding | — | — | — | — | Jul 7, 2026 | Common Stock | 60,000 | 60,000 | D |
Explanation of responses
- F1These shares were granted as a bonus for performance in fiscal 2016.
- F2Of these shares, 190,000 are restricted shares that vest on July 7, 2026, subject to earlier vesting in certain situations.
- F333.3% vest on November 11, 2016, 33.3% vest on November 11, 2017 and 33.3% vest on November 11, 2018, subject to the Grantee's continued service as an employee on such dates.
- F433.33% vests on the one year, two year and three year anniversary of the date of grant, subject to the Grantee's continued service as an employee on such dates.