SEC Form 4 · accession 0001213900-17-003441
Ener-Core, Inc. · ENCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Alain J Castro
Officer — Chief Executive Officer · Director
Period of report
Apr 4, 2017
Accepted (ET)
Apr 6, 2017 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001495536
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 4, 2017 | A | 87,500 | $0.00 | A | 94,667 | 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 | $2.50 | Apr 4, 2017 | A | 87,500 | A | — | Apr 4, 2027 | Common Stock | 87,500 | 87,500 | D |
Explanation of responses
- F1The common stock vests as follows: (i) 40% on or before March 31, 2018, (ii) 20% on March 31, 2018, (iii) 20% on March 31, 2019, and (iv) 20% on March 31, 2020.
- F2The option becomes exercisable as follows: (i) 9/20 of the total number of shares underlying the option are vested on the grant date and (ii) 1/48 of the total number of shares underlying the option will become vested after each month thereafter.