SEC Form 4 · accession 0000914760-15-000311
FG Nexus Inc. · FGNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas N Raucy
Officer — President and CEO · Director
Period of report
Dec 15, 2015
Accepted (ET)
Dec 16, 2015 · 6:34 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2,F1 | $8.00 | Dec 15, 2015 | D | 66,066 | D | Mar 31, 2014 | Dec 15, 2015 | Common Stock | 66,066 | 0 | D |
| Option (right to buy)F2,F1 | $8.00 | Dec 15, 2015 | A | 66,066 | A | Mar 31, 2014 | Jun 15, 2016 | Common Stock | 66,066 | 66,066 | D |
Explanation of responses
- F1The reported transactions involved an amendment of an outstanding option, resulting in a deemed cancellation of the "old" option and the grant of a replacement option.
- F2Upon 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.