SEC Form 4 · accession 0001545391-16-000027
TCP International Holdings Ltd. · TCPIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kaj den Daas
Officer — Chief Executive Officer
Period of report
Jul 2, 2016
Accepted (ET)
Jul 5, 2016 · 4:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001545391
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Jul 2, 2016 | F | 197,360 | $1.15 | D | 202,640 | D | |
| Common SharesF1 | Jul 2, 2016 | A | 400,000 | $1.15 | A | 602,640 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The number of common shares that ultimately will vest on July 2, 2017, subject to any earlier pro-rata vesting or termination terms and conditions, will be calculated as the lesser of (a) 400,000 common shares or (b) the quotient of (1) $460,000 divided by (2) the fair market value of the Company's common shares on July 2, 2017.