SEC Form 4 · accession 0001615774-16-006273

Electronic Cigarettes International Group, Ltd. · ECIG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Jun 30, 2016

Accepted (ET)

Jul 8, 2016 · 4:32 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001398702

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F2,F1	$0.1669	Jun 30, 2016	D	5,000,000	D	—	May 22, 2026	Common Stock	5,000,000	0	D
Employee Stock Option (right to buy)^F2,F3	$0.16	Jun 30, 2016	A	5,000,000	A	—	Jun 29, 2026	Common Stock	5,000,000	5,000,000	D
Employee Stock Option (right to buy)^F5,F4	$0.16	Jun 30, 2016	A	2,027,000	A	—	Jun 29, 2026	Common Stock	2,027,000	7,027,000	D

F1The option, which had a grant date of May 23, 2016, vested in three equal tranches: one-third twelve months after the grant date, one-third twenty four months after the grant date, and one-third thirty six months after the grant date.
F2On June 30, 2016, the issuer canceled an option for 5,000,000 shares of its common stock granted to the reporting person on May 23, 2016. In exchange, the reporting person received a replacement option for 5,000,000 shares, having an exercise price of $0.16 per share.
F3The option, which has a grant date of June 30, 2016, vests in three equal tranches: one-third on May 23, 2017, one-third on May 23, 2018, and one-third on May 23, 2019.
F4The option, which has a grant date of June 30, 2016, vests in three equal tranches: one-third on the grant date, one-third twelve months after the grant date, and one-third twenty four months after the grant date.
F5The reporting person received these securities as compensation in connection with his employment by the issuer.