SEC Form 4 · accession 0001144204-15-020060
TWINLAB CONSOLIDATED HOLDINGS, INC. · TLCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn C Wolfson
Officer — See Remarks
Period of report
Jan 15, 2015
Accepted (ET)
Mar 31, 2015 · 3:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590695
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 15, 2015 | A | 1,000,000 | A | — | — | common stock, par value $0.001 | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of TLCC common stock.
- F2The restricted stock units vest in four equal annual installments beginning January 1, 2016. Vested shares will be delivered to the reporting person as soon as practicable following each vesting date (but in no event later than two and one-half months after the end of the year in which the vesting date occurs).
Remarks
Chief Administrative Officer, Twinlab Consolidation Corporation