SEC Form 4 · accession 0001493152-18-012668
Generation Alpha, Inc. · GNAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tiffany N. Davis
Officer — Chief Operating Officer · Director
Period of report
Aug 22, 2018
Accepted (ET)
Aug 28, 2018 · 6:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001398137
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Aug 22, 2018 | A | 100,000 | $0.00 | A | 350,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $0.74 | Aug 22, 2018 | A | 1,344,797 | A | Aug 22, 2018 | Aug 22, 2023 | Common Stock | 1,344,797 | 1,344,797 | D |
| Stock OptionF3 | $0.94 | Aug 27, 2018 | A | 750,000 | A | Aug 27, 2018 | Aug 27, 2023 | Common Stock | 750,000 | 750,000 | D |
Explanation of responses
- F1The shares were granted by the Issuer to Tiffany Davis for joining the Board of Directors on August 22, 2018.
- F2The options were granted in connection with an employment agreement entered into between Solis Tek Inc. and Tiffany Davis, dated August 22, 2018.
- F3The options were granted in connection with an amendment to employment agreement entered into between Solis Tek Inc. and Tiffany Davis, dated August 27, 2018, which options were given in lieu of 750,000 shares of common granted to Tiffany Davis pursuant to the employment agreement entered into between Solis Tek Inc. and Tiffany Davis, dated August 22, 2018.