SEC Form 4 · accession 0001493152-18-017029
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
Nov 30, 2018
Accepted (ET)
Dec 4, 2018 · 5:00 pm EST
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 shareF2 | Nov 30, 2018 | D | 250,000 | $0.00 | D | 100,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF4 | $0.74 | Nov 30, 2018 | D | 1,344,797 | D | Aug 22, 2018 | Aug 22, 2023 | Common Stock | 1,344,797 | 0 | D |
| Stock OptionF4 | $0.94 | Nov 30, 2018 | D | 750,000 | D | Aug 27, 2018 | Aug 27, 2023 | Common Stock | 750,000 | 0 | D |
| Stock OptionF5 | $0.69 | Nov 30, 2018 | A | 2,344,797 | A | Nov 30, 2018 | Nov 30, 2023 | Common Stock | 2,344,797 | 2,344,797 | D |
Explanation of responses
- F1The Reporting Person gave back to the Issuer the 250,000 shares of common stock previously granted to her on February 14, 2018 in connection with her initial employment with the Issuer, and the Issuer has issued the Reporting Person, in exchange, options to acquire 250,000 shares of common stock pursuant to the Issuer's 2018 Stock Incentive Plan.
- F2The shares were given back to the Issuer without payment.
- F3The Reporting Person gave back to the Issuer the options previously granted to her, and the Issuer has issued the Reporting Person, in exchange, equivalent options pursuant to the Issuer's 2018 Stock Incentive Plan.
- F4The options were given back to the Issuer without payment.
- F5The option was granted pursuant to the Issuer's 2018 Stock Incentive Plan.