SEC Form 3 · accession 0001415889-19-000292
Super League Gaming, Inc. · SLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann Hand
Officer — CEO and President · Director
Period of report
Feb 25, 2019
Accepted (ET)
Mar 7, 2019 · 7:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001621672
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 73,374 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase WarrantF1 | $9.00 | holding | — | — | — | — | Jun 5, 2025 | Common Stock | 166,667 | — | D |
| Stock OptionF2 | $9.00 | holding | — | — | — | — | Jun 16, 2027 | Common Stock | 51,334 | — | D |
| Stock OptionF2 | $10.80 | holding | — | — | — | — | Jun 16, 2027 | Common Stock | 32,000 | — | D |
| Common Stock Purchase WarrantF3 | $10.80 | holding | — | — | — | — | Jun 16, 2027 | Common Stock | 100,000 | — | D |
| Common Stock Purchase WarrantF4 | $10.80 | holding | — | — | — | — | Nov 1, 2028 | Common Stock | 250,000 | — | D |
Explanation of responses
- F1Warrant vests in equal monthly installments over a 48 month period, and will vest in full on June 5, 2019.
- F250% of the stock option vested immediately on the grant date. The remainder of the option vests in equal installments over a 24 month period, and will vest in full on June 16, 2019.
- F3Warrant vests in equal monthly installments over a 36 month period, and will vest in full on June 6, 2020.
- F4Warrant vests as follows: (i) 25% upon issuance; (ii) 50% upon close of the Issuer's initial public offering ("IPO") or an additional private financing (occurring subsequent to September 1, 2018) resulting in gross proceeds of at least $15,000,000 (a "Qualified Financing"); and (iii) 25% on the one-year anniversary of the IPO or the one-year anniversary of a Qualified Financing.