SEC Form 4 · accession 0001660019-18-000002
Omnitek Engineering Corp · OMTK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Miller
Officer — CFO · Director
Period of report
Jan 11, 2018
Accepted (ET)
Jan 29, 2018 · 6:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001404804
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option | $0.077 | Jan 11, 2018 | A | 50,000 | A | Jan 11, 2018 | Jan 10, 2025 | Common Stock | 50,000 | 300,000 | D |
| Common Stock OptionF1 | $0.71 | holding | — | — | — | Nov 3, 2015 | Nov 2, 2022 | Common Stock | 100,000 | 250,000 | D |
| Common Stock Option | $0.286 | holding | — | — | — | Apr 15, 2016 | Apr 14, 2023 | Common Stock | 50,000 | 250,000 | D |
| Common Stock Option | $0.18 | holding | — | — | — | Feb 10, 2017 | Feb 9, 2024 | Common Stock | 50,000 | 250,000 | D |
| Common Stock OptionF2 | $0.18 | holding | — | — | — | Feb 10, 2017 | Feb 9, 2024 | Common Stock | 50,000 | 250,000 | D |
Explanation of responses
- F1One-forty eight (1/48) of the total number of shares subject to the Options shall vest and become exercisable at the end of each month following the Date of Grant on the same day of each month as the Date of Grant, so that all shares subject to the Options will be fully vested on the fourth anniversary of the Date of Grant.
- F2One-half (1/2) of the total number of shares subject to the Options shall vest and become exercisable on the Date of Grant, the other one-half (1/2) will be exercisable on the one-year anniversary of the Date of Grant, so that all shares subject to the Options will be fully vested on the first anniversary of the Date of Grant.