SEC Form 4 · accession 0001209191-18-061510
Everpure, Inc. · P
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Slootman
Director
Period of report
Dec 4, 2018
Accepted (ET)
Dec 7, 2018 · 4:32 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 |
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)F3 | $1.50 | Dec 4, 2018 | J | 360,000 | D | — | Apr 16, 2023 | Class B Common Stock | 360,000 | 0 | D |
| Stock Option (right to buy)F3 | $1.50 | Dec 4, 2018 | J | 360,000 | A | — | Apr 16, 2023 | Class A Common Stock | 360,000 | 360,000 | D |
| Stock Option (right to buy)F3 | $8.46 | Dec 4, 2018 | J | 160,000 | D | — | May 20, 2024 | Class B Common Stock | 160,000 | 0 | D |
| Stock Option (right to buy)F3 | $8.46 | Dec 4, 2018 | J | 160,000 | A | — | May 20, 2024 | Class A Common Stock | 160,000 | 160,000 | D |
Explanation of responses
- 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.
- F3This option is fully vested.