SEC Form 3 · accession 0001493152-17-009019
Frankly Inc · FKLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Omar Karim
Officer — Head of Engineering
Period of report
Aug 11, 2017
Accepted (ET)
Aug 11, 2017 · 8:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001688667
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | holding | — | — | — | 2,650 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to purchase common sharesF1 | $7.10 | holding | — | — | — | — | Feb 10, 2026 | Incentive Stock Option | 1,107 | — | D |
| Options to purchase common sharesF2 | $7.10 | holding | — | — | — | — | Mar 3, 2027 | Incentive Stock Option | 3,803 | — | D |
| Restricted stock units convertible to common sharesF3 | $0.00 | holding | — | — | — | — | — | Restricted Stock Unit | 7,949 | — | D |
| Restricted stock units convertible to common sharesF4 | $0.00 | holding | — | — | — | — | — | Restricted Stock Unit | 2,264 | — | D |
| Restricted stock units convertible to common sharesF5 | $0.00 | holding | — | — | — | — | — | Restricted Stock Unit | 2,206 | — | D |
Explanation of responses
- F1Out of the 1,107 options, 461 options will be vested and exercisable by 10/10/2017. The remaining options will be vested monthly by 1/48 of the issued amount after 10/10/2017
- F21/4 of the issued amount will be vested at 3/3/2018, and the remainder will be vested monthly by 1/48 of the issued amount thereafter
- F3The outstanding RSUs will be vested annually at 10/14 each year until 2019 at equal amount vesting each time
- F42/3 of the issued amount will be vested at 9/8/2017 and the remaining 1/3 of the amount will be vested at 3/8/2018
- F5The issued RSUs will be vested annually from 3/3/2017 until 2021 at equal amount vesting each time