SEC Form 4 · accession 0001213900-15-006743
UBL Interactive,Inc. · UBLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Donlan
Officer — Chief Operating Officer
Period of report
Jan 5, 2015
Accepted (ET)
Sep 3, 2015 · 11:42 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001576778
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Qualified Stock OptionF1 | $0.10 | Oct 27, 2014 | A | 600,000 | A | Nov 14, 2013 | Nov 14, 2016 | Common Stock | 600,000 | 500,000 | D |
| Qualified Stock OptionF2,F3 | $0.15 | Jan 15, 2015 | A | 1,000,000 | A | — | — | Common Stock | 1,000,000 | 1,600,000 | D |
Explanation of responses
- F1On November 14, 2013, the Reporting Person was granted qualified stock options by UBL Interactive, Inc., (the "Issuer") under the 2010 Omnibus Equity Incentive Plan of the Issuer (the "2010 Plan") to receive three year stock options to purchase 600,000 shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), subject to the following vesting dates: (i) options to purchase 200,000 shares are fully vested and exercisable as of November 14, 2013; (ii) options to purchase 200,000 shares are fully vested and exercisable as of June 1, 2015; (iii) options to purchase 200,000 shares shall fully vest and become exercisable thereof as of June 1, 2016.
- F2On January 15, 2015, the Reporting Person was granted qualified stock options by the Issuer under a Qualified Stock Option Employee Award to purchase up to an aggregate of 1,000,000 shares of Issuer Common Stock to be issued to the Reporting Person in the following tranches: (a) options to purchase 250,000 shares of Issuer Common Stock vested and exercisable as of August 12, 2013; (b) options to purchase 250,000 shares of Issuer Common Stock vested and exercisable as of December 31, 2014; (c) options to purchase 250,000 shares of Issuer Common Stock vested and exercisable as of June 30, 2015; (d) options to purchase 250,000 shares of Issuer Common Stock vested and exercisable as of December 31, 2015.
- F3Expiration of the options will occur three years from the date of vesting.