SEC Form 4 · accession 0001185185-17-001890
Znergy, Inc. · ZNRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Floyd
Officer — CHIEF FINANCIAL OFFICER
Period of report
May 12, 2017
Accepted (ET)
Aug 30, 2017 · 3:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001568875
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 OptionF1,F2 | $0.10 | May 12, 2017 | A | 10,000,000 | A | — | May 12, 2020 | Common Stock | 10,000,000 | 10,000,000 | D |
Explanation of responses
- F1Represents a grant of options related to the Company's execution of an employment agreement with Mr. Floyd.
- F2The options vest quarterly one option for every two dollars of revenue recognized by the Company.