SEC Form 4 · accession 0001683168-16-000282
AGNT, Inc. · AGNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Penny Sanford
10% Owner
Period of report
Jul 20, 2016
Accepted (ET)
Oct 11, 2016 · 8:37 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001495932
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 10, 2016 | S | 100,000 | $0.50 | D | 16,836,475 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $1.77 | Jul 20, 2016 | J | 350,000 | D | — | Jul 20, 2026 | Common Stock | 350,000 | 0 | D |
| Stock OptionF3 | $1.77 | Jul 20, 2016 | J | 350,000 | D | — | Jul 20, 2026 | Common Stock | 350,000 | 0 | D |
Explanation of responses
- F1The reported number is the number of shares owned as of the date of this report according to the transfer agent's records. This number includes 1,077,778 shares of common stock, which underlie stock options granted by the reporting person that are currently exercisable, or which will become exercisable within 60 days of this report.
- F2The reporting person granted an option to purchase Three Hundred Fifty Thousand (350,000) shares of restricted common stock held by the reporting person at an exercise price equal to $1.77 per share, with the underlying shares vesting over a three year period.
- F3Separately, the reporting person granted an additional option to purchase Three Hundred Fifty Thousand (350,000) shares of restricted common stock held by the reporting person at an exercise price equal to $1.77 per share, with the underlying shares vesting over a three year period.