SEC Form 4 · accession 0001415889-17-001371
Youngevity International, Inc. · YGYI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Briskie
Officer — PRESIDENT AND CFO · Director
Period of report
Aug 9, 2017
Accepted (ET)
Aug 11, 2017 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001569329
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 9, 2017 | A | 250,000 | $0.00 | A | 420,429 | D | |
| Common StockF3 | holding | — | — | — | 100,028 | I | See footnote | |
| Common StockF4 | holding | — | — | — | 250,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of 250,000 shares of Youngevity International, Inc. (the "Company") common stock , $0.001 par value per share (the "Common Stock") represented by 250,000 restricted stock units ("RSUs") granted under the Company's 2012 Stock Incentive Plan, as amended (the "Plan"). Each RSU represents a contingent right to receive one share of Common Stock. The 250,000 RSUs vest as follows: (i) Year (3) three- 25,000 shares; (ii) Year (4) four-37,500 shares; (iii) Year (5) five-125,000 shares; and (iv) Year (6) six-62,500 shares; provided that the reporting person continues to serve as an executive officer of the Company or otherwise is not terminated for cause prior to such dates.
- F2Includes 170,429 shares of Common Stock that reflect the 1-for 20 reverse stock split effected in June 2017
- F3Includes 100,028 shares of Common Stock owned by owned by Brisk Investments, LP, Reflects a 1-for-20 reverse stock split effected in June 2017.
- F4Includes 250,000 shares of Common Stock owned by Brisk Management, LLC. Reflects a 1-for-20 reverse stock split effected in June 2017.