SEC Form 4 · accession 0001493152-18-017338
OMNIQ Corp. · OMQS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shai Shalom Lustgarten
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 7, 2018
Accepted (ET)
Dec 11, 2018 · 4:49 pm EST
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 | $0.27 | Dec 7, 2018 | A | 600,000 | A | Dec 7, 2018 | Dec 7, 2023 | Common Stock | 600,000 | 600,000 | D |
Explanation of responses
- F1On December 7, 2018, Quest Solution, Inc. (the "Company") issued to Mr. Lustgarten options (the "Options") to purchase 600,000 shares of the Company's common stock at an exercise price of $0.27 per share. The Options are exercisable as follows: Options to purchase 300,000 shares shall vest immediately on December 7, 2018 at an exercise price of $0.27 and Options to purchase 300,000 shares shall vest on June 7, 2019 at an exercise price of $0.27. The Options were issued pursuant to the Company's 2018 Equity Incentive Plan.