SEC Form 4 · accession 0001209191-16-136632
Atomera Inc · ATOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis Laurencio
Officer — See Remarks
Period of report
Aug 10, 2016
Accepted (ET)
Aug 11, 2016 · 6:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001420520
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $7.50 | Aug 10, 2016 | A | 173,543 | A | — | Aug 10, 2026 | Common Stock | 173,543 | 173,543 | D |
Explanation of responses
- F1The initial vesting date of the options is the later of the one year anniversary of the date of the reporting person's employment or the completion of the Issuer's initial public offering. A portion of the options equal to the product of .25 times a fraction, the denominator of which is 12 and the numerator of which is the lesser of 12 and the number of 30-day periods, or portions thereof, or the variable number, between the date of the reporting person's employment and the initial vesting date of the options will vest on such date, with the remainder vesting in equal monthly installments over 48 months less the variable number.
Remarks
The reporting person is the Chief Financial and Accounting Officer.