SEC Form 4 · accession 0001213900-16-013963
YAPPN CORP. · YPPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clarence Kent Jespersen
Director
Period of report
May 17, 2016
Accepted (ET)
Jun 1, 2016 · 5:57 pm EDT
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 STOCKF1 | May 17, 2016 | P$0 | 400,000 | — | A | 668,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WARRANTS (RIGHT TO BUY)F1,F2 | $0.25 | May 17, 2016 | A | 400,000 | A | — | May 16, 2021 | COMMON STOCK | 400,000 | 500,000 | D |
Explanation of responses
- F1$100,000 FOR UNITS CONSISTING OF SHARES AND WARRANTS
- F2133,333 EXERCISABLE 05/16/2017, 133,333 EXERCISABLE 05/16/2018 AND 133,334 EXERCISABLE 05/16/2019