SEC Form 3 · accession 0001144204-16-083388
Glori Energy Inc. · GLRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan McHugh
Officer — Controller and PAO
Period of report
Feb 14, 2016
Accepted (ET)
Feb 19, 2016 · 3:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001597131
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 100 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $1.16 | holding | — | — | — | — | May 7, 2022 | Common Stock | 13,793 | — | D |
| Employee Stock Option (right to buy) | $1.16 | holding | — | — | — | Apr 14, 2015 | Jun 4, 2023 | Common Stock | 3,613 | — | D |
| Employee Stock Option (right to buy) | $1.16 | holding | — | — | — | Apr 14, 2015 | Dec 16, 2023 | Common Stock | 5,172 | — | D |
| Employee Stock Option (right to buy)F2 | $3.10 | holding | — | — | — | — | Jan 28, 2025 | Common Stock | 9,489 | — | D |
| Employee Stock Option (right to buy) | $0.44 | holding | — | — | — | Dec 21, 2016 | Dec 21, 2025 | Common Stock | 12,000 | — | D |
Explanation of responses
- F1The option became exercisable as to 70.83% of the shares on April 14, 2015 (the "Anniversary Date") and an additional 1/48th of the shares became or becomes exercisable on the last day of each of the first 14 calendar months after the Anniversary Date.
- F2The option became exercisable as to 25% of the shares on January 28, 2016 (the "Anniversary Date") and an additional 1/48th of the shares became or becomes exercisable on the last day of each of the first 36 calendar months after the Anniversary Date.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney