SEC Form 4 · accession 0001679437-16-000004
CardConnect Corp. · CCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles B. Bernicker
Officer — CFO
Period of report
Jul 29, 2016
Accepted (ET)
Aug 2, 2016 · 5:37 pm EDT
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 | $10.61 | Jul 29, 2016 | A | 512,530 | A | — | Jul 29, 2026 | Common Stock | 512,530 | 512,530 | D |
| Stock Option (Right to Buy)F2 | $4.45 | Jul 29, 2016 | A | 267,788 | A | Jul 29, 2016 | Jul 19, 2022 | Common Stock | 267,788 | 267,788 | 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.
- F2Represents options to purchase common stock issued as partial consideration in connection with merger of FTS Holding Corporation into a subsidiary of FinTech Acquisition Corp. (the "Merger).