SEC Form 4 · accession 0001493152-16-007255
Adaptive Medias, Inc. · ADTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Strong
Officer — CHAIRMAN AND CEO · Director
Period of report
Feb 3, 2016
Accepted (ET)
Feb 8, 2016 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001428397
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1,F2,F3 | Feb 3, 2016 | A | 2,250,000 | $0.59 | A | 3,348,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were issued pursuant to an Executive Employment Agreement between the Issuer and Reporting Person dated February 3, 2016.
- F2Two-thirds (2/3) of the aggregate number of shares vested as of the February 3, 2016 and the remaining shares vest in three equal annual installments on each anniversary thereafter, subject to Reporting Person's continuing to provide services to the Issuer through each such date.
- F3This price reflects the OTC Market closing price on February 3, 2016.