SEC Form 4 · accession 0001437749-16-043395
Enservco Corp · ENSV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rick D Kasch
Officer — President and CEO · Director
Period of report
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 11:18 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000319458
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 13, 2016 | P | 50,000 | $0.60 | A | 1,899,324 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $0.46 | holding | — | — | — | — | Jun 5, 2017 | Common Stock | 100,000 | 100,000 | D |
| Stock OptionF2 | $1.74 | holding | — | — | — | — | Apr 8, 2020 | Common Stock | 100,000 | 100,000 | D |
| Stock OptionF3 | $0.60 | holding | — | — | — | — | May 5, 2021 | Common Stock | 100,000 | 100,000 | D |
| Stock OptionF4 | $0.65 | holding | — | — | — | — | Dec 5, 2017 | Common Stock | 325,000 | 325,000 | D |
| Stock OptionF5 | $1.74 | holding | — | — | — | — | Apr 8, 2020 | Common Stock | 110,000 | 110,000 | D |
| Stock OptionF6 | $0.65 | holding | — | — | — | — | May 5, 2021 | Common Stock | 400,000 | 400,000 | D |
| Stock OptionF7 | $0.65 | holding | — | — | — | — | May 5, 2021 | Common Stock | 350,000 | 350,000 | D |
| Warrants | $0.55 | holding | — | — | — | Nov 2, 2012 | Nov 30, 2017 | Common Stock | 37,000 | 37,000 | D |
Explanation of responses
- F1Fully vested as of the date hereof.
- F2Options to acquire 70,000 shares vested on 1/1/16, the remaining options to acquire 30,000 shares will vest on 1/1/17 if the conditions to vesting exist on such date.
- F3Options to acquire 100,000 shares will vest on 12/31/16 if the conditions to vesting exist on such date.
- F4Fully vested as of the date hereof.
- F5Options to acquire 40,000 shares will vest on 1/1/17, and the remaining options to acquire 70,000 shares will vest on 1/1/18, in both cases if the conditions to vesting exist on such date.
- F6Options to acquire 150,000 shares will vest on 12/31/16, and the remaining options to acquire 250,000 shares will vest on 12/31/17, in both cases if the conditions to vesting exist on such date.
- F7Options to acquire 116,667 shares will vest on 12/31/16, 116,667 shares will vest on 12/31/17 and the remaining options to acquire 116,666 will vest on 12/31/18, in all cases if the conditions to vesting exist on such date.