SEC Form 4 · accession 0001477932-16-014373
Spotlight Innovation Inc. · STLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cristopher Grunewald
Officer — CEO · Director
Period of report
Dec 23, 2016
Accepted (ET)
Dec 28, 2016 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001388486
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 23, 2016 | J | 15,000 | $0.00 | A | 5,618,627 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F2,F3 | $1.21 | Dec 23, 2016 | J | 150,000 | D | Nov 25, 2015 | Nov 25, 2025 | Common Stock | 150,000 | 0 | D |
Explanation of responses
- F1The shares were issued under the Company's equity incentive plan in exchange for options.
- F2The options were returned to the Company for cancellation in exchange for shares of common stock.
- F3The options were to vest 25% upon grant, and 25% on each of the first, second and third anniversary of grant date.