SEC Form 4 · accession 0001209191-18-061501

Everpure, Inc. · P

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Dec 4, 2018

Accepted (ET)

Dec 7, 2018 · 4:28 pm EST

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 Stock	holding	—	—		—	25,380	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F3	$18.16	Dec 4, 2018	J	300,000	D	—	Jun 30, 2025	Class B Common Stock	300,000	0	D
Stock Option (right to buy)^F3	$18.16	Dec 4, 2018	J	300,000	A	—	Jun 30, 2025	Class A Common Stock	300,000	300,000	D
Stock Option (right to buy)^F4	$14.32	holding	—	—	—	—	Apr 22, 2026	Class A Common Stock	20,000	20,000	D

F1On December 4, 2018, the Issuer's outstanding shares of Class B Common Stock ceased to represent at least 10% of all outstanding shares of Class A Common Stock and Class B Common Stock. As a result, each share of the Issuer's Class B Common Stock automatically converted into one share of Class A Common Stock pursuant to the Issuer's amended and restated certificate of incorporation.
F2In connection with the automatic conversion described in footnote (1), outstanding Class B Common Stock options that were issued under the Issuer's 2009 Equity Incentive Plan remain unchanged, except that the underlying shares are now Class A Common Stock.
F35,000 shares vest in equal monthly installments one month from 7/1/2015 over three years. 3,333.33 shares vest in equal monthly installments one month from 7/1/2018 over the next three years. The option shall be subject to accelerated vesting as set forth in optionee's employment agreement with the Issuer. The shares subject to this option are early exercisable, subject to the Issuer's right of repurchase.
F4This option is fully vested.