SEC Form 4 · accession 0001303809-16-000001
Arcadia Biosciences, Inc. · RKDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Richard Reis
Director
Period of report
Jul 9, 2016
Accepted (ET)
Jul 20, 2016 · 10:31 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001469443
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 50,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $2.24 | holding | — | — | — | — | Dec 31, 2019 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock Option (right to buy)F2 | $7.20 | holding | — | — | — | — | Feb 11, 2015 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The Reporting Person resigned his position as a Director of Arcadia Biosciences, Inc. (the "Issuer") effective July 9, 2016 (the "Resignation Date"). As of the Resignation Date, the Reporting Person is no longer subject to Section 16 in connection with his transactions in the Issuer's equity securities and therefore will report only non-exempt transactions occurring within six months of opposite-way non-exempt transactions on future Forms 4 and 5. As of the Resignation Date, there were a total of 15,000 shares vested and exercisable pursuant to the Issuer's 2006 Stock Plan and the applicable Stock Option Award Agreement. The vested options will remain exercisable for a period of thirty (30) days following the Resignation Date.
- F2As of the Resignation Date (as defined in Footnote 1), there were a total of 5,000 shares vested and exercisable pursuant to the Issuer's 2006 Stock Plan and the applicable Stock Option Award Agreement. The vested options will remain exercisable for a period of thirty (30) days following the Resignation Date.