SEC Form 4 · accession 0001437749-15-018136
Stablecoin Development Corp · SDEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy J Wu
Officer — SVP Bus & Corp Development
Period of report
Oct 5, 2015
Accepted (ET)
Oct 6, 2015 · 8:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001389545
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 (right to buy)F4 | $0.27 | Oct 5, 2015 | A | 150,000 | A | Oct 5, 2016 | Oct 5, 2025 | common stock | 150,000 | 614,725 | D |
| Restricted Stock UnitF3,F1,F2 | $0.00 | Oct 5, 2015 | A | 25,000 | A | — | — | common stock | 25,000 | 25,000 | D |
Explanation of responses
- F1100% vests on the one-year anniversary of the grant date, subject to continued employment.
- F2Not Applicable
- F3RSUs granted pursuant to 2007 Omnibus Incentive Plan.
- F4Options granted pursuant to 2007 Omnibus Incentive Plan and NovaBay's Annual Employee Equity Refresh Program. 25% will vest on the first anniversary of the Grant Date. 6.25% will vest every three months thereafter.