SEC Form 4 · accession 0001712618-17-000007
REGO PAYMENT ARCHITECTURES, INC. · RPMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
REGO PAYMENT ARCHITECTURES, INC.
Officer — President and CEO
Period of report
Oct 25, 2017
Accepted (ET)
Nov 16, 2017 · 9:19 am EST
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 Stock | Nov 7, 2017 | A | 400,000 | $0.00 | A | 400,000 | D | |
| Common Stock | Nov 7, 2017 | F | 154,093 | $0.15 | D | 245,907 | 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 | Oct 25, 2017 | A | 3,000,000 | A | — | Oct 25, 2022 | Common Stock | 3,000,000 | 3,000,000 | D |
| Restricted Stock UnitsF2 | — | Nov 7, 2017 | A | 250,000 | A | Oct 25, 2018 | Oct 25, 2018 | Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1Vests in three equal installments on October 25, 2018, October 25, 2019 and October 25, 2020.
- F2Each restricted stock unit respresents a contingent right to receive one share of common stock