SEC Form 4 · accession 0001213900-17-003276
Nxt-ID, Inc. · NXTD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gino Miguel Pereira
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Mar 27, 2017
Accepted (ET)
Apr 3, 2017 · 7:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001566826
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 27, 2017 | A | 58,140 | $1.72 | A | 955,014 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were received as compensation for Mr. Pereira's service as a member of the Board of Directors of the Issuer for the fiscal year ended December 31, 2016. These shares are being received pursuant to the Issuer's Long-Term Stock Incentive Plan ("LTIP").