SEC Form 4 · accession 0001213900-18-006515
iPic Entertainment Inc. · IPIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Safran
Officer — Sr VP, Gen. Council & Secy.
Period of report
May 15, 2018
Accepted (ET)
May 17, 2018 · 7:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001720201
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | May 15, 2018 | F | 46,424 | $7.27 | D | 71,737 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 6, 2017, iPic Entertainment Inc. granted Mr. Safran 118,161 Restricted Stock Units ("RSUs"). The RSUs vested on May 15, 2018. Each RSU is equivalent to one share of Class A Common Stock of iPic Entertainment Inc. Mr. Safran elected to satisfy his tax obligation by surrendering shares of Class A Common Stock having a value on the date of the vesting equal to the witholding obligation.