SEC Form 4 · accession 0001249155-18-000069
Beeline Holdings, Inc. · BLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grover T. Wickersham
Officer — Chairman, CEO and President · Director
Period of report
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 7:50 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)F1 | $7.87 | Oct 15, 2018 | A | 40,000 | A | Dec 31, 2018 | Oct 15, 2028 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1The options will vest in 12 quarterly installments over three years, commencing on December 31, 2018 and continuing thereafter on the last day of each succeeding fiscal quarter to and including September 30, 2021, subject to continued service with the Issuer on each respective vesting date. Of the 12 vesting events, 11 will each vest 3,333 options and the 12th installment will vest a total of 3,337 options.