SEC Form 4 · accession 0001209191-17-050201
Everpure, Inc. · P
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles H Giancarlo
Officer — CEO · Director
Period of report
Aug 22, 2017
Accepted (ET)
Aug 24, 2017 · 6:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001474432
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 22, 2017 | A | 464,745 | $0.00 | A | 464,745 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $12.84 | Aug 22, 2017 | A | 500,000 | A | — | Aug 21, 2027 | Class A Common Stock | 500,000 | 500,000 | D |
| Stock Option (Right to Buy)F2 | $17.00 | Aug 22, 2017 | A | 500,000 | A | — | Aug 21, 2027 | Class A Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person. The Restricted Stock Units shall vest as follows: 25% of the shares subject to the Restricted Stock Unit will vest on September 20, 2018 and the remaining shares vesting and settling quarterly over the following three years on the 20th day of the second month of each fiscal quarter, subject to accelerated vesting as set forth in the Reporting Person's Employment Agreement, and otherwise subject to the Reporting Person's Continuous Service on the date of vesting (as defined in the Issuer's 2015 Equity Incentive Plan).
- F21/4 of the Option vest on August 22, 2018, 1/48 of the Option vest monthly thereafter over the following three years, subject to the Reporting Person's Continuous Service on the date of vesting (as defined in the Issuer's 2015 Equity Incentive Plan). The option shall be subject to accelerated vesting as set forth in Reporting Person's employment agreement with the Company.