SEC Form 4 · accession 0001452320-16-000004
CardConnect Corp. · CCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Scott Dowty
Officer — EVP - Enterprise Sales
Period of report
Dec 19, 2016
Accepted (ET)
Dec 20, 2016 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001614818
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 | $12.80 | Dec 19, 2016 | A | 50,000 | A | — | Dec 19, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The reporting person is a participant in the 2016 Omnibus Equity Compensation Plan (the "Plan"). The reporting person received options to purchase common stock pursuant to the Plan. Options to purchase common stock begin vesting at 25% on the first anniversary of the grant date and an additional 25% on an annual basis thereafter.