SEC Form 4 · accession 0001094891-15-000175
Propel Media, Inc. · PROM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Quelch
Director
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 9:43 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001622822
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 Options (right to buy)F1 | $0.55 | May 20, 2015 | A | 350,000 | A | — | May 20, 2025 | Common Stock | 350,000 | 350,000 | D |
Explanation of responses
- F1The shares represented by the stock options shall vest as to (i) one third of the shares on the one year anniversary of the grant date and (ii) as to the remainder of the shares in equal quarterly installments over the succeeding two years.