SEC Form 4 · accession 0001213900-18-001699
Nixxy, Inc. · NIXX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Miles L Jennings
Officer — CEO · Director
Period of report
Feb 11, 2018
Accepted (ET)
Feb 13, 2018 · 4:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001462223
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2,F1 | $0.08 | Feb 11, 2018 | A | 500,000 | A | Feb 11, 2018 | Feb 11, 2023 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F141,667 options are currently vested and the remaining options vest quarterly in equal amounts over a 33-month period with the first vesting date being April 30, 2018 subject to Mr. Jennings continuing to remain an employee of the Company on each applicable vesting date.
- F2Not applicable.