SEC Form 4 · accession 0001493152-17-013427
Frankly Inc · FKLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Choong Sik (Samuel) Hyun
Director
Period of report
Nov 3, 2017
Accepted (ET)
Nov 16, 2017 · 5:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001688667
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock units convertible into common sharesF3,F1,F2 | — | Nov 3, 2017 | A | 35,819 | A | — | — | Common Shares | 35,819 | 36,701 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one common share of the Issuer.
- F2The RSUs shall become vested pro-rata on the following schedule: (a) one-quarter (8,955 RSUs) on December 31, 2017, (b) one-quarter (8,955 RSUs) on March 31, 2018, (c) one-quarter (8,955 RSUs) on June 30, 2018, and (d) one-quarter (8,954 RSUs) on September 30, 2018.
- F3This amount excludes 882 RSUs that converted automatically into 882 common shares of the Issuer upon vesting of the RSUs on September 30, 2017.