SEC Form 4 · accession 0001225208-17-011555
Everpure, Inc. · P
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Speiser
Director · 10% Owner
Period of report
Jun 20, 2017
Accepted (ET)
Jun 22, 2017 · 6:47 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,F2,F3 | Jun 20, 2017 | A | 15,601 | $0.00 | A | 15,601 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Restricted Stock Unit award shall be subject to accelerated vesting as follows: In the event of a Change in Control or a Corporate Transaction (each, as defined in the Issuer's 2015 Equity Incentive Plan), the Shares will fully vest as of immediately prior to the effective time of such Change in Control or Corporate Transaction, subject to the reporting person's Continuous Service on the effective date of such transaction.
- F2The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the reporting person. 100% of the shares subject to the Restricted Stock Unit award will vest on June 20, 2018, subject to the reporting person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) on the vesting date, and provided that if the reporting person voluntarily resigns as a Director, then the shares subject to the Restricted Stock Unit award will vest as of the effective date of the resignation as to 1/365th of the shares subject to the award multiplied by the number of days of the reporting person's service between the date of grant and the effective date of the resignation.
- F3The reporting person shares pecuniary interest in these shares with other individuals pursuant to a contractual relationship. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in these shares.