SEC Form 4 · accession 0001213900-18-005374
NEXEON MEDSYSTEMS INC · NXNN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kent J. George
Director
Period of report
Dec 31, 2017
Accepted (ET)
May 1, 2018 · 8:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001416172
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTIONSF1 | $1.80 | Dec 31, 2017 | A | 12,500 | A | Dec 31, 2017 | Dec 31, 2021 | COMMON STOCK | 12,500 | 12,500 | D |
| OPTIONSF2 | $0.87 | Mar 31, 2018 | A | 12,500 | A | Mar 31, 2018 | Mar 31, 2022 | COMMON STOCK | 12,500 | 12,500 | D |
Explanation of responses
- F1On December 31, 2017 and pursuant to Reporting Person's appointment as Director, the Issuer granted to Reporting Person an option (the "December Option") to purchase 12,500 shares of the Issuer's restricted common stock, at a price of $1.80 per share. The term of each December Option shall be for a period of four (4) years from the date of issue. The fair value of the December Option was determined to be $7,534 using the Black-Sholes Option Pricing Model. The December Option was immediately exercisable at date of issue.
- F2On March 31, 2018 and pursuant to Reporting Person's appointment as Director, the Issuer granted to Reporting Person an option (the "March Option") to purchase 12,500 shares of the Issuer's restricted common stock, at a price of $0.87 per share. The term of each March Option shall be for a period of four (4) years from the date of issue. The fair value of the March Option was determined to be $3,596 using the Black-Sholes Option Pricing Model. The March Option was immediately exercisable at date of issue.