SEC Form 4 · accession 0001209191-18-031236
Solana Co · HSDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Sackier
Officer — Chief Medical Officer
Period of report
Mar 15, 2018
Accepted (ET)
May 17, 2018 · 8:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610853
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Mar 15, 2018 | J | 62,002 | $0.00 | A | 703,403 | 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)F3,F4 | $10.99 | May 15, 2018 | A | 80,000 | A | — | May 15, 2028 | Class A Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1Pro rata distribution from Clinvue LLC, of which the Reporting Person was a member.
- F2The amount reported reflects a pro rata distribution to members of MPJ Healthcare. In prior reports, the Reporting Person reported beneficial ownership of 641,401 shares, on a post-split basis.
- F3Translated into US dollars from Canadian dollars based on buying rate from Bank of Canada. USD $1.0000 = CAD $1.2876 on May 15, 2018; based on exercise price of CAD $14.15.
- F4Grant to the Reporting Person of a stock option under the Issuer's 2016 Omnibus Incentive Plan (the "2016 Plan"). The shares vest in a series of forty-eight (48) successive equal monthly installments measured from May 15, 2018, subject to the Reporting Person's continued service through each applicable vesting date.