SEC Form 4 · accession 0001185185-18-000392
Streamex Corp. · STEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Rafferty
Officer — Chief Commercialization Offcr
Period of report
Nov 24, 2017
Accepted (ET)
Mar 8, 2018 · 5:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001530766
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 5, 2018 | P | 7,000 | $1.40 | A | 7,000 | 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 | $1.45 | Nov 24, 2017 | A | 420,000 | A | — | Nov 24, 2027 | Common Stock | 420,000 | 420,000 | D |
Explanation of responses
- F1120,000 of the optioned shares vested on November 24, 2017. The remaining optioned shares shall vest as follows: (i) 50,000 on November 24, 2019; (ii) 100,000 shares on the date that the first entity to have a PURE EP System installed converts to a paying customer of the company; (iii) 50,000 on the date that the company first files financial statements with the U.S. Securities and Exchange Commission on Form 10-K or Form 10-Q that report revenues, calculated in accordance with generally accepted accounting principles; and (iv) 100,000 on the date that the company first files financial statements with the U.S. Securities and Exchange Commission on Form 10-K that report annual revenues of at least $10,000,000, calculated in accordance with generally accepted accounting principles.