SEC Form 3 · accession 0001642676-15-000001
Voltari Corp · VLTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aaron N. Epstein
Officer — President
Period of report
May 11, 2015
Accepted (ET)
May 18, 2015 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001568319
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 284 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option | $150.00 | holding | — | — | — | Aug 6, 2013 | Dec 11, 2019 | Common Stock | 111 | — | D |
| Non-Qualified Stock Option | $100.00 | holding | — | — | — | Jun 18, 2014 | Jun 18, 2020 | Common Stock | 500 | — | D |
| Non-Qualified Stock Option | $129.90 | holding | — | — | — | Mar 17, 2015 | Mar 17, 2021 | Common Stock | 700 | — | D |
| Non-Qualified Stock OptionF1 | $4.50 | holding | — | — | — | — | Oct 15, 2022 | Common Stock | 7,500 | — | D |
| Non-Qualified Stock OptionF2 | $3.50 | holding | — | — | — | — | May 13, 2024 | Common Stock | 12,000 | — | D |
Explanation of responses
- F1The options vest as follows, subject to continued employment on each vesting date: 25% of the shares subject to the option will vest in four equal installments on each of the following dates: 10/15/2013, 10/15/2014, 10/15/2015 and 10/15/2016; and 75% of the shares subject to the option will vest, subject to achieving certain price targets for VLTC common stock, on 10/15/2015.
- F2The options vest as follows, subject to continued employment on each vesting date: 25% of the shares subject to the option will vest in four equal installments on each of the following dates: 05/13/2015, 05/13/2016, 05/13/2017 and 05/13/2018; and 75% of the shares subject to the option will vest, subject to achieving certain price targets for VLTC common stock, on 05/13/2017.