SEC Form 4 · accession 0001437749-16-027191
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
Mar 9, 2016
Accepted (ET)
Mar 9, 2016 · 7:51 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F1 | — | Mar 9, 2016 | A | 5,000 | A | Mar 9, 2016 | — | Common Stock | 5,000 | 2,400 | D |
Explanation of responses
- F1Granted pursuant to the 2007 Omnibus Incentive Plan as an added compensation element for the months of January through May 2016. 1000 RSU's shall vest at the end of each month, contingent on continued employment. As of the grant date, 2000 RSUs have already vested.
- F2Each RSU represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.