SEC Form 4 · accession 0001127602-15-024405
Happen, Inc. · HAPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chaomei Chen
Officer — Chief Risk Officer
Period of report
Aug 4, 2015
Accepted (ET)
Aug 6, 2015 · 8:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001409970
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 4, 2015 | M | 93,028 | $0.1775 | A | 759,620 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $0.1775 | Aug 4, 2015 | M | 93,028 | D | — | Feb 16, 2022 | Common Stock | 93,028 | 943,108 | D |
Explanation of responses
- F1The option vested as to 25% of the total shares on June 1, 2012, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.