SEC Form 4 · accession 0000899243-18-031008
Fuse Medical, Inc. · FZMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William E McLaughlin III
Officer — Chief Financial Officer · Director
Period of report
Dec 13, 2018
Accepted (ET)
Dec 14, 2018 · 11:45 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000319016
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 13, 2018 | A | 222,223 | $0.45 | A | 475,723 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 13, 2018 the Reporting Person was granted 222,223 shares (the "Shares") of the restricted common stock, par value $0.01 per share (the "Common Stock"), of Fuse Medical, Inc. (the "Company") pursuant to the 2017 Equity Incentive Plan of Fuse Medical, Inc. (the "2017 Plan") (incorporated by reference to Exhibit 99.2 of the Issuer's Form 8-K filed with the Securities and Exchange Commisssion (the "SEC") on April 6, 2017 (File No. 000-100093)), subject to the terms and conditions in the 2017 Plan and the form of Restricted Stock Award Agreement (incorporated by reference to Exhibit 10.2 to the Issuer's Form 8-K filed with the SEC on October 10, 2017 (File NO. 000-100093)).
- F2(Continued From Footnote 1) The Shares will vest and cease to be subject to forfeiture upon (a) the occurrence of one of the following events (each, an "Accelerating Event"): (i) a Change in Control (as defined in the 2017 Plan), (ii) the Reporting Person's Termination of Continuous Service (as defined in the 2017 Plan), or (iii) the listing of the Common Stock on either the New York Stock Exchange or the NASDAQ Stock Market; and (b) the delivery by the Reporting Person to the Company of a Notice of Acceleration of Vesting, no later than sixty (60) days following the earlier of (i) the date the Company sends written notice of such Accelerating Event or (ii) the date the Reporting Person actually or constructively becomes aware that such Accelerating Event has occurred.