SEC Form 4 · accession 0001165527-16-000892

Trident Brands Inc · TDNT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · Other

Period of report

Sep 1, 2016

Accepted (ET)

Oct 7, 2016 · 2:40 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001421907

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F2	Sep 1, 2016	S	182,000	$0.80	D	0	D
Common Stock^F1	holding	—	—		—	182,000	I	See footnote

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Options^F3	$0.75	May 5, 2014	A	100,000	A	May 5, 2015	May 5, 2019	Common Stock	100,000	100,000	D
Common Stock Options^F3	$1.00	May 5, 2014	A	100,000	A	May 5, 2016	May 5, 2019	Common Stock	100,000	200,000	D
Common Stock Options^F3	$1.50	May 5, 2014	A	100,000	A	May 5, 2017	May 5, 2019	Common Stock	100,000	300,000	D

F1Continental Ingredients of Canada Inc. holds 400,000 common shares of Trident Brands Incorporated. Donald MacPhee is Managing Partner of Continental Ingredients and holds a 45.5% beneficial interest in the securities held by Continental Ingredients of Canada Inc.
F2The beneficially owned Securities were disposed of by the Reporting Person in a sale of the entity that held direct ownership over the Securities. The transaction did not specify the consideration allocated to the Securities. Consideration was paid in cash. The indicated price per share therefore represents a deemed value of the Securities based on the closing price of the issuer's common stock on the transaction date.
F3Options were granted pursuant to the 2013 Stock Option Plan of the Company.