SEC Form 4 · accession 0001437749-19-004342
AIRXPANDERS INC · AXP.AX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Murcray
Officer — CFO and COO
Period of report
Mar 4, 2019
Accepted (ET)
Mar 7, 2019 · 4:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001387156
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Rt to Buy)F1 | $0.09 | Mar 4, 2019 | A | 500,000 | A | — | Mar 3, 2029 | Common Stock A | 500,000 | 500,000 | D |
Explanation of responses
- F1The option grant provides for 25% of the option shares to vest one year after the grant date. Thereafter, the remaining balance of the option shares vests in a series of 36 equal consecutive monthly installments until fully vested, provided that at each such vesting date, the reporting person shall then be providing service (as defined in the Option Plan) to the Company.