SEC Form 4 · accession 0001415889-17-001785
GridAI Technologies Corp. · GRDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Johan M. Spoor
Officer — PRESIDENT AND CEO · Director
Period of report
Nov 10, 2017
Accepted (ET)
Nov 14, 2017 · 6:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604191
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 10, 2017 | X | 100,000 | $1.00 | A | 100,034 | D | |
| Common StockF1 | holding | — | — | — | 39,851 | I | By Mother as custodian under UTMA for children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF2,F3 | $1.00 | Nov 10, 2017 | X | 100,000 | D | — | Jan 4, 2021 | Common Stock | 100,000 | 200,000 | D |
| Options | $4.48 | holding | — | — | — | Feb 3, 2017 | Feb 3, 2027 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Held by the Reporting Person's mother for his minor children under the Uniform Transfers to Minors Act. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interests therein.
- F2Represents options granted to the Reporting Person by third parties.
- F3Immediately exercisable.