SEC Form 4 · accession 0001104659-17-036671
MARA Holdings, Inc. · MARA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas B Croxall
Officer — CEO, Chairman · Director
Period of report
May 23, 2017
Accepted (ET)
May 31, 2017 · 7:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507605
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1 | $6.40 | May 23, 2017 | D | 220,000 | D | — | Nov 3, 2024 | Common Stock | 220,000 | 0 | D |
| OptionF2 | $2.64 | May 23, 2017 | D | 307,692 | D | — | Jun 11, 2018 | Common Stock | 307,692 | 0 | D |
Explanation of responses
- F1220,000 options to purchase shares of the Issuer's common stock were granted on 11/03/2014 (adjusted for the 1:2 stock dividend issued on December 2, 2014), which vested in 24 equal installments over a 24-month period beginning on November 3, 2014. On May 23, 2017, Mr. Croxall returned 220,000 of such options, respectively, for cancellation.
- F2307,692 options to purchase shares of the Issuer's common stock were granted on 6/11/2013 (adjusted for the 1:2 stock dividend issued on December 2, 2013) ), which vested in 24 equal installments over a 24-month period beginning on June 11, 2013. On May 23, 2017, Mr. Croxall returned all of such options in the amount of 307,692 for cancellation.