SEC Form 4 · accession 0001493152-18-017032
Generation Alpha, Inc. · GNAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Lien
Officer — Chief Executive Officer · Director · 10% Owner
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
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 OptionF2 | $0.74 | Nov 30, 2018 | D | 2,689,594 | D | Aug 22, 2018 | Aug 22, 2023 | Common Stock | 2,689,594 | 0 | D |
| Stock OptionF3 | $0.69 | Nov 30, 2018 | A | 2,689,594 | A | Nov 30, 2018 | Nov 30, 2023 | Common Stock | 2,689,594 | 2,689,594 | D |
Explanation of responses
- F1The Reporting Person gave back to the Issuer the options previously granted to HIM, and the Issuer has issued the Reporting Person, in exchange, equivalent options pursuant to the Issuer's 2018 Stock Incentive Plan.
- F2The options were given back to the Issuer without payment.
- F3The option was granted pursuant to the Issuer's 2018 Stock Incentive Plan.