SEC Form 4 · accession 0001659173-15-000056
AMERICATOWNE Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alton Perkins
Officer — Chair, CEO, CFO, Sec. · 10% Owner
Period of report
Aug 13, 2014
Accepted (ET)
Dec 17, 2015 · 4:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606699
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 13,000,000 | I | Yilaime Corp | |
| Common Stock | holding | — | — | — | 5,100,367 | I | Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1 | $0.05 | Nov 25, 2014 | A | 1,000,000 | A | Nov 25, 2014 | Nov 25, 2019 | Common Stock | 1,000,000 | 0 | D |
Explanation of responses
- F1The Company has issued Mr. Perkins an option to purchase up to 1,000,000 shares of common stock of the Company per year at any time prior to the conclusion of the first year of the Agreement, i.e. prior to 365 days after execution of the Agreement, which was on November 25, 2014, at a price of $0.05 per share, and annually thereafter for a total of 5 consecutive years. The shares purchased under this option shall be considered subject to all rights and restrictions set forth in his Employment, Lock-Up and Options Agreement. At the end of fiscal year 2014, Mr. Perkins had 5,100,367 shares issued to him through his Trust, and his beneficial ownership at the end of tax year 2014 was 18,100,367, and his current beneficial ownership is 22,466,426 shares (both of which include his individual holdings through his Trust). This filing is consistent with all prior disclosures made on numerous Form 8-Ks.