SEC Form 4 · accession 0000914760-15-000210
FG Nexus Inc. · FGNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Hill
Officer — Vice President and CFO
Period of report
May 29, 2015
Accepted (ET)
Jun 2, 2015 · 4:28 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.
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 | — | May 29, 2015 | A | 4,000 | A | — | — | Common Stock | 4,000 | 4,000 | D |
Explanation of responses
- 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.