SEC Form 4 · accession 0001213900-17-007897
SPORTS FIELD HOLDINGS, INC. · SFHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas P. Minichiello
Director
Period of report
Jul 15, 2017
Accepted (ET)
Jul 25, 2017 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001539551
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF1 | $1.00 | Jul 15, 2017 | A | 25,000 | A | Jun 30, 2017 | Jun 30, 2022 | Common Stock | 25,000 | 25,000 | D |
| Options to Purchase Common StockF1 | $1.00 | Jul 15, 2017 | A | 25,000 | A | Sep 30, 2017 | Sep 30, 2022 | Common Stock | 25,000 | 50,000 | D |
| Options to Purchase Common StockF1 | $1.00 | Jul 15, 2017 | A | 25,000 | A | Dec 31, 2017 | Dec 31, 2022 | Common Stock | 25,000 | 75,000 | D |
| Options to Purchase Common StockF1 | $1.00 | Jul 15, 2017 | A | 25,000 | A | Mar 31, 2018 | Mar 31, 2023 | Common Stock | 25,000 | 100,000 | D |
| Options to Purchase Common StockF1 | $1.00 | Jul 15, 2017 | A | 25,000 | A | Jun 30, 2018 | Jun 30, 2023 | Common Stock | 25,000 | 125,000 | D |
| Options to Purchase Common StockF1 | $1.00 | Jul 15, 2017 | A | 25,000 | A | Sep 30, 2018 | Sep 30, 2023 | Common Stock | 25,000 | 150,000 | D |
| Options to Purchase Common StockF1 | $1.00 | Jul 15, 2017 | A | 25,000 | A | Dec 31, 2018 | Dec 31, 2023 | Common Stock | 25,000 | 175,000 | D |
| Options to Purchase Common StockF1 | $1.00 | Jul 15, 2017 | A | 25,000 | A | Mar 31, 2019 | Mar 31, 2024 | Common Stock | 25,000 | 200,000 | D |
Explanation of responses
- F1The options to purchase common stock were issued pursuant to a Stock Option Agreement entered into between Sports Field Holdings, Inc. (the "Company") and Mr. Minichiello, effective July 15, 2017 (the "Stock Option Agreement") in accordance with the Sports Field Holdings, Inc. 2016 Equity and Incentive Plan. Pursuant to the Stock Option Agreement, the Board of Directors of the Issuer granted Mr. Minichiello non-qualified options to purchase two hundred thousand (200,000) shares of the Company's Common Stock at an exercise price of $1.00, to vest in equal amounts over a period of two (2) years at the rate of twenty-five thousand (25,000) per fiscal quarter on the last day of each such quarter, commencing in the second fiscal quarter of 2017