SEC Form 3 · accession 0001437749-16-023367
Stablecoin Development Corp · SDEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Justin Hall
Officer — General Counsel
Period of report
Dec 29, 2015
Accepted (ET)
Jan 8, 2016 · 2:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001389545
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 400 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F1 | $30.50 | holding | — | — | — | — | Feb 1, 2023 | Common Stock | 1,200 | — | D |
| Incentive Stock Option (right to buy)F2 | $42.75 | holding | — | — | — | — | Sep 26, 2023 | Common Stock | 760 | — | D |
| Incentive Stock Option (right to buy)F3 | $18.75 | holding | — | — | — | — | Sep 26, 2024 | Common Stock | 1,200 | — | D |
| Incentive Stock Option (right to buy)F4 | $6.75 | holding | — | — | — | — | Oct 1, 2025 | Common Stock | 2,000 | — | D |
| Restricted Stock UnitsF6,F5 | — | holding | — | — | — | — | — | Common Stock | 1,000 | — | D |
Explanation of responses
- F1Represents options granted pursuant to the 2007 Omnibus Incentive Plan. 25% vested on February 1, 2014, the first anniversary of the grant date. 6.25% vests every three months thereafter.
- F2Represents options granted pursuant to the 2007 Omnibus Incentive Plan. 25% vested on September 26, 2014, the first anniversary of the grant date. 6.25% vests every three months thereafter.
- F3Represents options granted pursuant to the 2007 Omnibus Incentive Plan. 25% vested on September 26, 2015, the first anniversary of the grant date. 6.25% vests every three months thereafter.
- F4Represents options granted pursuant to the 2007 Omnibus Incentive Plan. 25% will vest on October 1, 2016, the first anniversary of the grant date. 6.25% vests every three months thereafter.
- F5Represents restricted stock units granted on October 1, 2015 pursuant to the 2007 Omnibus Incentive Plan. 100% will vest on October 1, 2016, the first anniversary of the grant date.
- F6Each restricted stock unit is the economic equivalent of one share of NovaBay Pharmaceuticals, Inc. common stock.