SEC Form 4 · accession 0001704974-17-000002
Alpine 4 Technologies Ltd. · ALPP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David George Schmitt
Officer — CHIEF FINANCIAL OFFICER
Period of report
Dec 31, 2016
Accepted (ET)
May 3, 2017 · 5:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606698
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCK | Dec 31, 2016 | A | 50,000 | $0.00 | A | 81,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTIONF1 | $0.90 | Apr 7, 2017 | A | 400,000 | A | — | Apr 6, 2027 | CLASS A COMMON STOCK | 400,000 | 400,000 | D |
Explanation of responses
- F1THE OPTIONS VEST OVER A PERIOD OF FOUR YEARS BEGINNING ON THE GRANT DATE (4/7/17). SIX AND ONE QUARTER PERCENT (6.25) OF THE OPTIONS VEST EVERY THREE MONTHS BEGINNING THREE MONTHS AFTER THE GRANT DATE AND CONTINUING FOR EVERY THREE-MONTH PERIOD UNTIL THE OPTIONS ARE FULLY VESTED. THERE IS NO PROPORTIONAL OR PARTIAL VESTING IN ANY PERIOD PRIOR TO A VESTING DATE.