SEC Form 4 · accession 0001140361-17-020888
Veritone, Inc. · VERI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan Steelberg
Officer — President · Director · 10% Owner
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 9:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001615165
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 Purchase)F1 | $15.00 | May 11, 2017 | A | 1,044,819 | A | — | May 10, 2027 | Common Stock | 1,044,819 | 1,044,819 | D |
| Performance Stock Option (Right to Purchase)F2 | $15.00 | May 11, 2017 | A | 522,409 | A | — | May 10, 2027 | Common Stock | 522,409 | 522,409 | D |
Explanation of responses
- F1The shares of common stock subject to this option will vest in 36 equal monthly installments upon the completion of each month of service by the Reporting Person over the three (3) year period measured from May 11, 2017.
- F2The shares of common stock subject to his option shall vest in full upon the earlier of (i) the date the market capitalization of the Issuer equals or exceeds $400,000,000 for at least five consecutive trading days, or (ii) May 17, 2022, provided that Reporting Person is still in the service of the Issuer.