SEC Form 4 · accession 0001213900-15-008811
YAPPN CORP. · YPPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Lucatch
Officer — Head of Global Innovation · Director
Period of report
Oct 30, 2015
Accepted (ET)
Nov 17, 2015 · 1:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001511735
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.0001 per shareF2,F3 | Oct 30, 2015 | A | 8,312,500 | — | A | 16,812,500 | I | By Intertainment Media Inc. and Ortsbo Inc. |
| Common Stock, par value $.0001 per share | holding | — | — | — | — | 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 | $1.00 | holding | — | — | — | Mar 3, 2015 | Mar 3, 2020 | Common Stock | 150,000 | 450,000 | D |
Explanation of responses
- F150,000 have vested, remainder vest in equal installments on 03/03/2016 and 03/03/2017.
- F2Acquired in return for assets pursuant to the Asset Purchase Agreement, dated July 6, 2015 and filed on the Current Report on Form 8-K on July 16, 2015.
- F315,312,500 shares of common stock held by Intertainment Media Inc. and 1,500,000 shares of common stock held by Ortsbo Inc., in which Mr. Lucatch is a control person for both entities.