SEC Form 4 · accession 0001209191-17-023472
Staffing 360 Solutions, Inc. · STAF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas Florio
Director
Period of report
Mar 28, 2017
Accepted (ET)
Mar 29, 2017 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001499717
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options pursuant to planF1 | $1.35 | Mar 28, 2017 | A | 2,500 | A | Mar 28, 2017 | Mar 27, 2027 | Options | 2,500 | 2,500 | D |
Explanation of responses
- F1These options were awarded as part of the Company's stock option plan. They vest as follows: 1,500 vest immediately, 500 vest on March 1, 2018 and 500 vest on March 1, 2019. Each of the options are exercisable for a term of ten years from the initial transaction date, thus March 27, 2027.