SEC Form 3 · accession 0001654954-18-010112
iCoreConnect Inc. · VMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert P McDermott
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Sep 4, 2018
Accepted (ET)
Sep 12, 2018 · 5:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408057
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 6,502,366 | D | ||
| Common Stock | holding | — | — | — | 240,120 | I | By KRB Leasing Corporation |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants for the purchase of Common Stock | $1.35 | holding | — | — | — | Jun 30, 2017 | Dec 31, 2020 | Warrant | 61,068 | — | D |
| Warrants for the purchase of Common Stock | $1.35 | holding | — | — | — | Jun 30, 2017 | Dec 31, 2020 | Warrant | 74,996 | — | I |
| Options for the purchase of Common StockF2 | $0.01 | holding | — | — | — | — | — | Option | 289,490 | — | D |
Explanation of responses
- F11,429,054 shares of Common Stock of the issuer were acquired on May 22, 2018, and are restricted subject to forfeiture pursuant to the terms of a Restricted Stock Certificate Grant of the issuer
- F2Options for the purchase of a total of 289,490 shares of Common Stock were issued to the reporting person. Of such total of 289,490 shares, options (expiring July 1, 2019) to purchase 56,157 shares were issued pursuant to an Executive Employment agreement dated July 1, 2015 and options (expiring July 1, 2022) to purchase 233,333 shares were issued pursuant to an Executive Employment agreement dated July 1, 2018.
Remarks
iCoreConnect Inc. (f/k/a iMedicor Inc. which had VMCI as a trading symbol)