SEC Form 4 · accession 0001662731-17-000003
Turtle Beach Corp · TBCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Cleary
Officer — Chief Accounting Officer
Period of report
Mar 21, 2017
Accepted (ET)
Nov 13, 2017 · 4:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001493761
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $0.99 | Mar 21, 2017 | A | 30,000 | A | — | Mar 21, 2027 | Common Stock | 30,000 | 30,000 | D |
| Stock Option (Right to Buy)F2 | $0.51 | Nov 13, 2017 | A | 35,000 | A | — | Nov 13, 2027 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1One-quarter of the underlying shares will vest on March 21, 2018, with the remainder vesting with respect to 1/48 of the underlying shares on the 4th day of each month thereafter.
- F2One-quarter of the underlying shares will vest on November 13, 2018, with the remainder vesting with respect to 1/48 of the underlying shares on the 4th day of each month thereafter.