SEC Form 4 · accession 0000914760-15-000209

FG Nexus Inc. · FGNX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and CEO · Director

Period of report

May 29, 2015

Accepted (ET)

Jun 2, 2015 · 4:27 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001591890

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F2	—	May 29, 2015	A	12,500	A	—	—	Common Stock	12,500	12,500	D
Option (right to buy)^F4,F3	$8.00	Jun 1, 2015	D	66,066	D	Mar 31, 2014	Jun 15, 2015	Common Stock	66,066	0	D
Option (right to buy^F4,F3	$8.00	Jun 1, 2015	A	66,066	A	Mar 31, 2014	Dec 15, 2015	Common Stock	66,066	66,066	D

F1Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F250% of the shares of common stock will be issued following the date that the closing price of the Company's common stock on the NASDAQ or any other national securities exchange on which the common stock is traded equals or exceeds $10.00 per share and 50% of the shares of common stock will be issued following the date that the closing price of the Company's common stock on the NASDAQ or any other national securities exchange on which the common stock is traded equals or exceeds $12.00 per share.
F3The reported transactions involved an amendment of an outstanding option, resulting in a deemed calcellation of the "old" option and the grant of a replacement option.
F4Upon exercise of the option to purchase, 33,033 shares of common stock for $8.00 per share, the Reporting Person is entitled to receive an award of 33,033 additional shares of restricted common stock within 30 days.