SEC Form 4 · accession 0001140361-17-001946
Rezolute, Inc. · RZLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Morgan Fields
Officer — Chief Accounting Officer
Period of report
Oct 31, 2016
Accepted (ET)
Jan 13, 2017 · 7:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001509261
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $1.20 | Oct 31, 2016 | A | 600,000 | A | — | Oct 31, 2026 | Common Stock | 600,000 | 600,000 | D |
Explanation of responses
- F1On October 31, 2016, the Reporting Person was granted 1,000,000 shares of common stock. Pursuant to Board approval and a Refresh Option Agreement, the number of shares was reduced for no consideration on December 27, 2016. An additional 240,000 shares may be issued upon certain performance only criteria.
- F2The option vests in forty-eight equal installments beginning on the date so indicated and every month thereafter, such grant vested in full at 4 years.