SEC Form 4 · accession 0001477932-18-003919
ShiftPixy, Inc. · PIXY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Weir Weaver
Director
Period of report
Aug 9, 2018
Accepted (ET)
Aug 9, 2018 · 6:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001675634
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001F1 | Aug 9, 2018 | J | 24,591 | $3.05 | A | 50,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was issued the shares as part of his compensation due under his Director Agreement for the 1 year period ending on November 30, 2018; 50% of the shares (i.e., 12,296 shares) vested upon issuance, because the Reporting Person had provided six months of service under his Director Agreement as of May 31, 2018; the Reporting Person acquires a vested interest in, and ShiftPixy, Inc.'s repurchase right shall accordingly lapse with respect to, the remaining 50% of the shares (i.e., 12,295 shares) upon Reporting Person's completion of service under the Director Agreement to November 30, 2018.