SEC Form 4 · accession 0001387131-16-004971
RMG Networks Holding Corp · RMGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Michelson
Officer — President & CEO · Director
Period of report
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 8:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001512074
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $1.00 | Apr 11, 2016 | A | 450,000 | A | — | Jul 22, 2024 | Common Stock | 450,000 | 450,000 | D |
| Employee Stock Option (right to buy)F2 | $1.00 | Apr 11, 2016 | A | 350,000 | A | — | Apr 11, 2026 | Common Stock | 350,000 | 350,000 | D |
| Employee Stock Option (right to buy)F3 | $2.45 | Apr 11, 2016 | D | 500,000 | A | — | Jul 22, 2024 | Common Stock | 500,000 | 0 | D |
Explanation of responses
- F1Vests as to one thirty-sixth of the shares subject thereto at the end of each calendar month starting 7/22/14.
- F2Vests over 3 years in 3 annual installments starting 4/11/16.
- F3The option became exercisable as to 16.67% of the shares subject thereto at the end of the sixth calendar month following July 22, 2014, and as to one-thirty sixth of the shares subject thereto at the end of each calendar month thereafter.