SEC Form 4 · accession 0001437749-16-031970
Stablecoin Development Corp · SDEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jian Ping Fu
10% Owner
Period of report
May 9, 2016
Accepted (ET)
May 16, 2016 · 2:03 pm EDT
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 StockF1 | May 9, 2016 | A | 1,937,173 | $1.91 | A | 2,887,732 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant | $1.91 | May 9, 2016 | A | 968,587 | A | May 9, 2016 | May 5, 2020 | Common Stock | 968,587 | 1,095,572 | D |
Explanation of responses
- F1Share acquisition pursuant to a securities purchase agreement, which is one of a series of securities purchase agreements that the company entered into for the sale of an aggregate of 4,079,058 to 9 accredited investors. The company expects to sell another 2,094,241 pursuant to those same agreements on July 31, 2016.