SEC Form 4 · accession 0001449374-16-000145
REGO PAYMENT ARCHITECTURES, INC. · RPMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Coyne
Officer — Chief Executive Officer · Director
Period of report
Apr 18, 2016
Accepted (ET)
Apr 20, 2016 · 11:13 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437283
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Apr 18, 2016 | A | 500,000 | $0.00 | A | 500,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $0.90 | Apr 18, 2016 | A | 3,000,000 | A | — | Apr 18, 2021 | Common Stock | 3,000,000 | 3,000,000 | D |
Explanation of responses
- F1Vests in 3 equal installments on April 18, 2017, 2018 and 2019.
- F2250,000 shares vested immediately; additional 250,000 shares vest on first anniversary of date of grant.