SEC Form 4 · accession 0001144204-19-009174

SCWorx Corp. · WORX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CFO

Period of report

Feb 13, 2019

Accepted (ET)

Feb 20, 2019 · 8:06 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001674227

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Restricted Stock Units (common stock)^F1,F5	Feb 13, 2019	A	250,000	$0.00	A	250,000	D
Restricted Stock Units (common stock)^F2,F5	Feb 13, 2019	A	37,500	$0.00	A	37,500	D
Restricted Stock Units (common stock)^F3,F5	Feb 13, 2019	A	37,500	$0.00	A	37,500	D
Restricted Stock Units (common stock)^F4,F5	Feb 13, 2019	A	75,000	$0.00	A	75,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option to Purchase Common Stock (right to buy)^F6	$6.84	holding	—	—	—	Jun 5, 2018	Jun 5, 2023	Common Stock, par value $0.001	10,526	10,526	D
Option to Purchase Common Stock (right to buy)^F6	$3.42	holding	—	—	—	Aug 14, 2018	Aug 14, 2023	Common Stock, par value $0.001	10,526	10,526	D
Option to Purchase Common Stock (right to buy)^F6	$5.89	holding	—	—	—	Sep 13, 2018	Sep 13, 2023	Common Stock, par value $0.001	13,158	13,158	D

F1These Restricted stock Units ("RSUs") vest in quarterly installments over three years, commencing August 15, 2019.
F2These RSUs vest only if the Issuer obtains $10M in new recurring revenue on or before 08/15/20.
F3These RSUs vest if and when the Issuer's stock price attains a volume weighted average price ("VWAP") of $20 per share for 15 consecutive trading days.
F4These RSUs vest if and when the Issuer's stock price attains a VWAP of $40 per share for 15 consecutive trading days.
F5The Issuer granted these RSUs to the reporting person in consideration for services to be rendered to the Issuer.
F6Adjusted for 1/19 reverse stock split