SEC Form 4/A · accession 0001553350-17-001253
SOCIAL REALITY, Inc. · SRAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Joseph Patrick Hannan
Officer — Chief Financial Officer
Period of report
Oct 17, 2017
Accepted (ET)
Nov 16, 2017 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001538217
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F4 | Oct 17, 2017 | M | 50,000 | $0.00 | A | 63,750 | D | |
| Class A Common StockF4 | Oct 25, 2017 | A | 20,409 | $4.90 | A | 84,159 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F2,F3 | — | Oct 17, 2017 | M | 50,000 | D | — | — | Class A Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Represents the conversion upon the vesting of restricted stock units ("RSUs") into Class A common stock. On October 17, 2016 the reporting person was granted 100,000 RSUs that was previously reported on Table II of the Form 4 filed with the Securities and Exchange Commission on October 28, 2016.
- F2Each RSU has the economic value of one share of Class A common stock of Social Reality, Inc. The closing price of Social Reality, Inc. on October 17, 2016 was $6.51 per share.
- F3On October 17, 2016 the reporting person was granted 100,000 RSUs of which 50,000 vested on October 17, 2017. The Class A common stock into which such RSUs vested is reported in Table I of this Form 4. The remaining RSUs will vest on October 17, 2018 subject to the terms of the restricted stock grant agreement.
- F4This Amended Form 4, which amends the Form 4 as filed on November 1, 2017, is being filed solely for the purpose of correcting ministerial errors in Table 1 as previously filed.