SEC Form 4 · accession 0001179110-18-001431
AquaVenture Holdings Ltd · WAAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas R Brown
Officer — Chief Executive Officer · Director
Period of report
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001422841
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | holding | — | — | — | 1,484,042 | D | ||
| Ordinary SharesF3 | holding | — | — | — | 148,449 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | — | Jan 31, 2018 | A | 59,514 | A | — | — | Ordinary Shares | 59,514 | 59,514 | D |
Explanation of responses
- F1Each Restricted Share Unit represents a contingent right to receive one Ordinary Share of the Company.
- F2The Restricted Share Units were issued pursuant to the Company's 2016 Share Option and Incentive Plan. 25% of the Restricted Share Units shall vest on January 31, 2019, and the remaining 75% of such shares shall vest in equal quarterly installments over the following three (3) years.
- F3The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.