SEC Form 4 · accession 0001437749-16-033553
Stablecoin Development Corp · SDEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Paulson
Officer — CFO
Period of report
Jun 6, 2016
Accepted (ET)
Jun 8, 2016 · 7:48 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| stock option (right to buy)F1 | $2.78 | Jun 6, 2016 | A | 160,000 | A | Jan 31, 2017 | Jun 6, 2026 | Common Stock | 160,000 | 194,788 | D |
Explanation of responses
- F1All of the shares will vest on January 31, 2017, in direct proportion to the percentage achievement of the stated 2016 corporate goals, as approved and determined by the Board