SEC Form 4 · accession 0001249155-17-000021
Beeline Holdings, Inc. · BLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melissa Heim
Officer — EVP Ops & Master Distiller
Period of report
Mar 14, 2017
Accepted (ET)
Mar 16, 2017 · 6:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001534708
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 Options (right to buy)F2,F1 | $1.50 | Mar 14, 2017 | A | 5,000 | A | Jun 30, 2017 | Mar 14, 2027 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The options vest in 12 quarterly installments over three years, commencing on June 30, 2017 and continuing thereafter on the last day of each succeeding fiscal quarter to and including March 31, 2019, subject to continued service with the Issuer on each respective vesting date. Of the quarterly installments, 11 will vest an aggregate of 416 options, and the 12th installment will vest an aggregate of 424 options.
- F2The options were granted pursuant to the Issuer's 2016 Equity Incentive Plan.