SEC Form 4 · accession 0001209191-15-030035
Enerpulse Technologies, Inc. · ENPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Frederick Smith
Officer — VP - Manufacturing & Ops
Period of report
Oct 15, 2013
Accepted (ET)
Mar 27, 2015 · 7:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001495899
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $3.00 | Oct 15, 2013 | A | 4,657 | A | — | Oct 15, 2023 | Common Stock | 4,657 | 4,657 | D |
| Employee Stock Option (Right to Buy)F3,F2 | $0.75 | Jun 30, 2014 | A | 994 | A | — | Jan 1, 2019 | Common Stock | 994 | 994 | D |
| Employee Stock Option (Right to Buy)F3,F2 | $0.9051 | Jun 30, 2014 | D | 994 | D | — | Jan 1, 2019 | Common Stock | 994 | 0 | D |
| Employee Stock Option (Right to Buy)F3,F2,F4 | $0.75 | Jun 30, 2014 | A | 8,950 | A | — | Oct 24, 2019 | Common Stock | 8,950 | 8,950 | D |
| Employee Stock Option (Right to Buy)F3,F2,F5 | $0.9051 | Jun 30, 2014 | D | 8,950 | D | — | Oct 24, 2014 | Common Stock | 8,950 | 0 | D |
| Employee Stock Option (Right to Buy)F3,F2,F4 | $0.75 | Jun 30, 2014 | A | 10,938 | A | — | Aug 6, 2025 | Common Stock | 10,938 | 10,938 | D |
| Employee Stock Option (Right to Buy)F3,F6,F5 | $0.9051 | Jun 30, 2014 | D | 10,938 | D | — | Aug 5, 2015 | Common Stock | 10,938 | 0 | D |
| Employee Stock Option (Right to Buy)F3,F2,F5 | $0.75 | Jun 30, 2014 | A | 4,972 | A | — | Jan 19, 2022 | Common Stock | 4,972 | 4,972 | D |
| Employee Stock Option (Right to Buy)F3,F7,F5 | $0.9051 | Jun 30, 2014 | D | 4,972 | D | — | Jan 19, 2022 | Common Stock | 4,972 | 0 | D |
| Employee Stock Option (Right to Buy)F8,F2 | $0.75 | Jun 30, 2014 | A | 4,657 | A | — | Oct 15, 2023 | Common Stock | 4,657 | 4,657 | D |
| Employee Stock Option (Right to Buy)F8,F1 | $3.00 | Jun 30, 2014 | D | 4,657 | D | — | Oct 15, 2023 | Common Stock | 4,657 | 0 | D |
| Employee Stock Option (Right to Buy)F9 | $0.50 | Aug 6, 2014 | A | 44,071 | A | — | Aug 6, 2024 | Common Stock | 44,071 | 44,071 | D |
| 6% Senior Secured Convertible NoteF11,F10 | $0.20 | Feb 20, 2015 | P | — | A | — | Feb 20, 2018 | Common Stock | 25,000 | — | D |
| Warrant (Right to Buy)F11,F12 | $0.20 | Feb 20, 2015 | P | 12,500 | A | — | Feb 20, 2020 | Common Stock | 12,500 | 12,500 | D |
Explanation of responses
- F1The shares subject to the option shall vest and become exercisable ratably in annual installments over three years beginning on October 15, 2014 until fully vested on October 15, 2016.
- F10All amounts due under the 6% senior secured convertible note are convertible at any time, in whole or in part, at the option of the reporting person into shares of common stock at a fixed, initial conversion price of $0.20 per share, which is subject to adjustment for stock splits, stock dividends, combinations, or similar events or to prevent dillution.
- F11The note and warrant were purchased by the reporting person for the aggregate purchase price of $5,000.
- F12The warrant is exercisable at any time on or after the date of issuance at an initial exercise price equal to $0.20 per share, subject to adjustment for stock splits, stock dividends, combinations, or similar events or to prevent dillution.
- F2The shares subject to the option are 100% vested and excercisable.
- F3The reporting person agreed to cancellation of an option issued to him on September 4, 2013, in exchange for a new option having a lower exercise price.
- F4The expiration date of the new option has been extended from the expiration date of the original option that was issued on September 4, 2013.
- F5The expiration date of the option was previously incorrectly reported.
- F62,735 shares subject to the option vested on Aguust 5, 2010. The remaining shares subject to the option shall vest and become exercisable upon change in control of the Issuer.
- F7The shares subject to the option shall vest and become exercisable ratably in annual installments over three years beginning on January 19, 2012 until fully vested on January 19, 2015.
- F8The reporting person agreed to cancellation of an option granted to him on October 15, 2013, in exchange for a new option having a lower exercise price.
- F9The shares subject to the option shall vest and become exercisable ratably in annual installments over three years beginning on August 6, 2015 until fully vested on August 6, 2017.