SEC Form 4 · accession 0001213900-15-005072
Vape Holdings, Inc. · VAPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Scialdone
Officer — Chief Science Officer
Period of report
Jul 8, 2015
Accepted (ET)
Jul 9, 2015 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001455819
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Jul 8, 2015 | A | 250,000 | $0.335 | A | 250,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 1, 2015, pursuant to a share exchange agreement ("Agreement") by and between Mr. Scialdone and Vape Holdings, Inc. (the "Company"), Mr. Scialdone agreed to transfer 80 shares of the restricted common stock (representing 80% of the issued and outstanding shares) of BetterChem Consulting, Inc. ("BetterChem") in exchange for up to 400,000 shares of the common stock of the Company. Pursuant to the terms of the Agreement, 250,000 shares of common stock of the Company were issued on July 8, 2015 and were valued at $0.335 per share, the fair market value on the date of issue.