SEC Form 4 · accession 0001012975-15-000706
Solana Co · HSDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Joyce N LaViscount
Officer — CFO and COO · Director
Period of report
Oct 21, 2015
Accepted (ET)
Oct 23, 2015 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610853
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2 | $0.67 | Oct 21, 2015 | A | 750,000 | A | — | Oct 21, 2020 | Class A Common Stock | 750,000 | 750,000 | D |
Explanation of responses
- F1Translated into U.S. dollars from Canadian dollars based on the noon buying rate from the Federal Reserve Bank of USD$1.00 = CAD$1.2932 on October 16, 2015, based on an option exercise price of CAD$0.87.
- F2Twenty-five percent of the shares subject to this option vested on the grant date. An additional 25% of the shares subject to this option will vest every six months.