SEC Form 4 · accession 0000919574-16-009498
Enservco Corp · ENSV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Murphy
Director · 10% Owner
Period of report
Jan 19, 2016
Accepted (ET)
Jan 21, 2016 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000319458
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 Option (Right to Purchase)F1 | $0.37 | Jan 19, 2016 | A | 50,000 | A | Jan 19, 2017 | Jan 18, 2021 | Common Stock | 50,000 | 50,000 | D |
| Stock Option (Right to Purchase)F1 | $0.37 | Jan 19, 2016 | A | 50,000 | A | Jan 19, 2018 | Jan 18, 2021 | Common Stock | 50,000 | 100,000 | D |
Explanation of responses
- F1In connection with Richard Murphy's appointment to the board of directors of the Issuer (the "Board"), Mr. Murphy was granted 100,000 stock options under the Issuer's 2010 Stock Incentive Plan on January 19, 2016. The stock options vest as follows: (i) 50,000 on 01/19/17 (i.e., Mr. Murphy's first anniversary as a member of the Board), and (ii) 50,000 on 01/19/18 (i.e., Mr. Murphy's second anniversary as a member of the Board). All of the stock options are exercisable until 01/18/21 at a strike price of $0.37 per share (being the closing price on January 16, 2016).
Remarks
The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.