SEC Form 4 · accession 0001213900-16-017564
YAPPN CORP. · YPPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clarence Kent Jespersen
Director
Period of report
Aug 25, 2016
Accepted (ET)
Oct 17, 2016 · 12:01 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 | Aug 31, 2016 | P$0 | 100,000 | — | A | 768,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right To Buy)F2 | $0.25 | Aug 25, 2016 | A | 900,000 | A | — | Aug 25, 2021 | Common Stock | 900,000 | 1,400,000 | D |
| Warrants (Right To Buy)F1,F3 | $0.25 | Aug 31, 2016 | A | 100,000 | A | — | Aug 31, 2021 | Common Stock | 100,000 | 1,500,000 | D |
Explanation of responses
- F1$25,000 for units consisting of shares and warrants
- F2225,000 exercisable immediately, 225,000 exercisable 08/25/2017, 225,000 exercisable 08/25/2018, 225,000 exercisable 08/25/2019
- F333,333 exercisable 08/31/2017, 33,333 exercisable 08/31/2018, 33,334 exercisable 08/31/2017