SEC Form 4 · accession 0001437749-17-010793
Enservco Corp · ENSV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Austin Peitz
Officer — SVP - Field Operations
Period of report
Jun 2, 2017
Accepted (ET)
Jun 6, 2017 · 6:55 pm EDT
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 | holding | — | — | — | 98,853 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF8 | $0.29 | Jun 2, 2017 | A | 500,000 | A | — | Jun 2, 2022 | Common Stock | 500,000 | 500,000 | D |
| Stock OptionF1 | $0.46 | holding | — | — | — | — | Jun 30, 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 30, 2017 | Common Stock | 200,000 | 200,000 | D |
| Stock OptionF5 | $1.74 | holding | — | — | — | — | Apr 8, 2020 | Common Stock | 60,000 | 60,000 | D |
| Stock OptionF6 | $0.65 | holding | — | — | — | — | May 5, 2021 | Common Stock | 100,000 | 100,000 | D |
| Stock OptionF7 | $0.70 | holding | — | — | — | — | Jan 23, 2018 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Options to acquire 100,000 shares are fully vested as of the date hereof.
- F2Options to acquire 100,000 shares are fully vested as of the date hereof.
- F3Options to acquire 66,667 shares vested on 12/31/16, and the remaining options to acquire 33,333 shares will vest on 12/31/17 if the conditions to vesting exist on such date.
- F4Options to acquire 200,000 shares are fully vested as of the date hereof.
- F5Options to acquire 6,666 shares vested on 1/1/17, and the remaining options to acquire 53,334 shares will vest on 1/1/18 if the conditions to vesting exist on such date.
- F6Options to acquire 33,334 shares will vest on 12/31/17, and the remaining options to acquire 66,666 shares will vest on 12/31/18, in both cases if the conditions to vesting exist on such date.
- F7Options to acquire 50,000 shares are fully vested as of the date hereof.
- F8Options to acquire 166,667 shares vested on 6/2/17; options to acquire 166,667 shares will vest on 6/2/18, and the remaining options to acquire 166,666 shares will vest on 6/2/19, in each case if the conditions to vesting exist on such dates. All of the stock options are exercisable at an exercise price of $0.29 per share, which was the closing price of the Company's common stock on May 10, 2017, the date on which the Company's Board of Directors authorized the terms of this award to Mr. Peitz.