SEC Form 4 · accession 0001615774-19-002645
Motus GI Holdings, Inc. · MOTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy P. Moran
Officer — Chief Executive Officer · Director
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001686850
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per shareF1 | Feb 13, 2019 | A | 174,648 | $0.00 | A | 199,648 | D |
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 buy)F2 | $4.30 | Feb 13, 2019 | A | 28,944 | A | — | Feb 13, 2029 | Common Stock, par value $0.0001 per share | 28,944 | 28,944 | D |
Explanation of responses
- F1On February 13, 2019, the Reporting Person was granted 174,648 Common Stock restricted stock units. 165,000 of the restricted stock units vest in substantially equal quarterly installments over four years commencing on October 1, 2018. 9,648 of the restricted stock units vest in substantially equal quarterly installments over four years commencing on February 13, 2019. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F2The option award was made in accordance with the terms of the Issuer's 2016 Equity Incentive Plan (the "2016 Plan"). The option vests in substantially equal quarterly installments over three years commencing from the date of grant. The exercise price is based on the closing price for the shares of the Common Stock on the date of grant in accordance with the terms of the 2016 Plan.