SEC Form 4 · accession 0001144204-17-028498
ONE Group Hospitality, Inc. · STKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Celeste Fierro
Officer — SVP OF Mktg, Sales and Events
Period of report
May 16, 2017
Accepted (ET)
May 18, 2017 · 7:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001399520
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per shareF1,F2 | May 16, 2017 | A | 150,000 | $0.00 | A | 651,994 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common Stock, par value $0.0001 per shareF3 | $2.13 | May 16, 2017 | A | 250,000 | A | — | May 16, 2027 | Common Stock, par value $0.0001 per share | 250,000 | 0 | D |
Explanation of responses
- F1Also reflects the reduction of 6,317 shares held for the benefit of the Reporting Person by the Liquidating Trust as a result of the expiration of the unexercised public warrants.
- F2Of the shares of common stock reported: (i) 125,000 are represented by restricted stock units that will vest in equal increments upon the first five anniversaries of the grant date, with 25,000 units vesting on each such date; (ii) 100,000 are represented by restricted stock units that will vest in equal increments upon the first five anniversaries of the grant date, with 20,000 units vesting on each date; and (iii) 50,000 are represented by restricted stock units that will vest upon the achievement of certain objectives.
- F3The options will vest ratably over a five year period on the anniversary of the grant date.