SEC Form 5 · accession 0001211524-16-000225
MOBETIZE, CORP. · MPAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Malek Ladki
Director
Period of report
Mar 31, 2016
Accepted (ET)
May 16, 2016 · 1:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546679
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK OPTIONSF1 | $0.60 | Oct 1, 2015 | A | 300,000 | A | Oct 1, 2015 | Sep 30, 2020 | COMMON STOCK | 300,000 | 300,000 | D |
| COMMON STOCK OPTIONSF2 | $0.60 | Oct 1, 2015 | A | 12,500 | A | Nov 1, 2015 | Sep 30, 2020 | COMMON STOCK | 12,500 | 312,500 | D |
Explanation of responses
- F1MALEK LADKI WAS GRANTED SEVEN HUNDRED AND FIFTY THOUSAND (750,000) STOCK OPTIONS PURSUANT TO THE ISSUERS 2015 STOCK OPTION PLAN SUBJECT TO A VESTING SCHEDULE.
- F2STOCK OPTIONS GRANTED TO MR. LADKI VEST, AFTER AN INITIAL VESTING OF THREE HUNDRED THOUSAND (300,000) OPTIONS ON THE DATE OF GRANT, ON A MONTHLY BASIS AT 12,500 OPTIONS PER MONTH UNTIL ALL 750,000 VEST ON OCTOBER 1, 2018, OR ARE OTHERWISE TERMINATED.