SEC Form 4 · accession 0001615774-16-007514
Electronic Cigarettes International Group, Ltd. · ECIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James P Geiskopf
Director
Period of report
Sep 30, 2016
Accepted (ET)
Oct 4, 2016 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001398702
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 | Sep 30, 2016 | D | 252,023 | $0.00 | D | 300,003 | D |
Table II — derivative securities
| 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 | $0.087 | Sep 30, 2016 | A | 400,000 | A | Sep 30, 2016 | Sep 29, 2026 | Common Stock | 400,000 | 1,333,334 | D |
Explanation of responses
- F1On September 30, 2016, the Reporting Person surrendered 252,023 shares of common stock to the Issuer. In exchange, the Reporting Person received an option to purchase 400,000 shares of common stock of the Issuer, having an exercise price of $0.087 per share, as set forth on Table II.
- F2See Note 1.