SEC Form 4 · accession 0001437749-17-001162
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
Jan 25, 2017
Accepted (ET)
Jan 26, 2017 · 6:43 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| stock option (right to buy)F1,F2 | $3.60 | Jan 25, 2017 | A | 116,000 | A | Jan 31, 2018 | Jan 25, 2027 | Common Stock | 116,000 | 310,788 | D |
Explanation of responses
- F1Options granted pursuant to 2007 Omnibus Incentive Plan
- F2the Option will vest on January 31, 2018, in direct proportion to the percentage achievement of the stated 2017 corporate goals, as approved and determined by the Board.