SEC Form 4 · accession 0001213900-16-014036
YAPPN CORP. · YPPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis Vazquez Senties
Director
Period of report
Dec 30, 2015
Accepted (ET)
Jun 6, 2016 · 11:49 am 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 | 800,000 | — | A | 800,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CONVERTIBLE DEBENTUREF3 | $0.25 | Dec 30, 2015 | A | 2,000,000 | A | Dec 30, 2020 | Dec 30, 2020 | COMMON STOCK | 2,000,000 | 2,050,000 | D |
| WARRANT (RIGHT TO BUY)F3,F2 | $0.01 | Dec 30, 2015 | A | 5,000,000 | A | — | Dec 30, 2020 | COMMON STOCK | 5,000,000 | 7,050,000 | D |
| WARRANT (RIGHT TO BUY)F5,F4 | $0.25 | May 17, 2016 | A | 800,000 | A | — | May 16, 2021 | COMMON STOCK | 800,000 | 7,850,000 | D |
Explanation of responses
- F1$200,000 FOR UNITS CONSISTING OF SHARES AND WARRANTS.
- F21,250,000 EXERCISABLE IMMEDIATELY, 1,250,000 EXERCISABLE 12/30/2017 AND 1,250,000 EXERCISABLE 12/30/2018
- F3$500,000 FOR UNITS CONSISTING OF DEBENTURES AND WARRANTS
- F4266,666 EXERCISABLE 05/16/2017, 266,667 EXERCISABLE 5/16/2016, 266,667 EXERCISABLE 5/16/2019
- F5$200,000 FOR UNITS CONSISTING OF SHARES AND WARRANTS