SEC Form 4 · accession 0001654954-18-013037
SharpSpring, Inc. · SHSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Seymour Lawton
Officer — Chief Financial Officer
Period of report
Nov 16, 2018
Accepted (ET)
Nov 20, 2018 · 4:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001506439
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 16, 2018 | M | 5,000 | $6.29 | A | 42,500 | D | |
| Common Stock | Nov 16, 2018 | S | 5,000 | $13.80 | D | 37,500 | 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)F1 | $6.29 | Nov 16, 2018 | M | 5,000 | D | Aug 14, 2015 | Aug 14, 2024 | Common Stock | 5,000 | 25,000 | D |
Explanation of responses
- F1The options vest over a 4 year period, with 25% vesting on the first anniversary of the grant date and an additional 1/48 of the original number of options vesting every month thereafter, until becoming fully vested on the fourth anniversary of the grant date.