SEC Form 4 · accession 0001437749-15-018137
Stablecoin Development Corp · SDEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W. Stroman
Officer — SVP, Ophthalmic Product Devt.
Period of report
Oct 5, 2015
Accepted (ET)
Oct 6, 2015 · 8:23 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)F1 | $0.27 | Oct 5, 2015 | A | 100,000 | A | Oct 5, 2016 | Oct 5, 2025 | common stock | 100,000 | 474,834 | D |
Explanation of responses
- F1Options granted pursuant to the 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.