SEC Form 4 · accession 0001493152-17-010157
OMNIQ Corp. · OMQS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neev Nissenson
Director
Period of report
Aug 2, 2017
Accepted (ET)
Sep 1, 2017 · 2:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000278165
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $0.11 | Aug 2, 2017 | A | 500,000 | A | Aug 2, 2017 | Aug 2, 2021 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1Pursuant to the Share Purchase Option Plan, Mr.Neev Nissenson received a stock option grant of 500,000 stock options. The optoins are exercisable as follows: options to purchase 125,000 shares are immediately vested on August 2, 2017 at an exercise price of $0.11 per share, options to purchase 125,000 shares vest on November 2, 2017 at an exercise price of $0.11 per share, options to purchase 125,000 shares vest on February 2, 2018 at an exercise price of $0.11 per share, and options to purchase 125,000 shares vest on May 2, 2018 at an exercise price of $0.11 per share, subject to any change in control acceleration provisions. The exercise price of the options was agreed to pursuant to the Unanimous Written Consent of The Board of Directors dated July 26, 2017.