SEC Form 4 · accession 0001213900-19-001155
Cuentas Inc. · CUEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arik Maimon
Officer — Chairman of the Board and CEO · Director · 10% Owner
Period of report
Sep 13, 2018
Accepted (ET)
Jan 24, 2019 · 3:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001424657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 20, 2018 | P | 2,191 | $3.05 | A | 174,875 | D | |
| Common Stock | Dec 20, 2018 | P | 300 | $2.50 | A | 175,175 | D | |
| Common Stock | Dec 20, 2018 | P | 100 | $3.70 | A | 175,275 | D | |
| Common StockF1 | Dec 28, 2018 | J | 63,771 | $0.00 | A | 239,046 | D | |
| Common Stock | Jan 2, 2019 | P | 100 | $3.95 | A | 239,146 | D | |
| Common StockF2 | Jan 17, 2019 | P | 218 | $4.35 | A | 239,364 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase Common StockF3,F4 | $3.00 | Sep 13, 2018 | A | 60,000 | A | — | Sep 12, 2023 | Common Stock | 60,000 | 60,000 | D |
Explanation of responses
- F1The 63,771 shares of the Issuer's common stock, par value $0.001 (the "Common Stock") were issued to the Reporting Person pursuant to a settlement of stock based liabilities.
- F2The price reported in Column 4 is a weighted average price. The shares of Common Stock were purchased on the open market at prices ranging from $4 to $4.7 per share. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the ranges set forth in Footnote (2).
- F3The 60,000 options to purchase the Issuer's common stock were issued in connection with a grant under the Issuer's 2018 Equity Stock Incentive Plan.
- F4One-third of the options (20,000) have been exercisable since 9/13/2018; one-third of the options (20,000) become exercisable on 9/13/2019; and one-third of the options (20,000) become exercisable on 9/13/2020.