SEC Form 4 · accession 0001140361-15-005580

4Licensing Corp · FOUR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO, Exec. VP & CFO · Director

Period of report

Feb 10, 2015

Accepted (ET)

Feb 11, 2015 · 4:52 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000058592

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Nonstatutory Stock Option (right to buy)^F2,F6,F1,F3	$0.79	Feb 10, 2015	A	40,000	A	Feb 10, 2015	Feb 10, 2025	Common Stock	40,000	120,000	D
Nonstatutory Stock Option (right to buy)^F2,F6,F1,F4	$0.79	Feb 10, 2015	A	40,000	A	Feb 10, 2016	Feb 10, 2025	Common Stock	40,000	120,000	D
Nonstatutory Stock Option (right to buy)^F2,F6,F1,F5	$0.79	Feb 10, 2015	A	40,000	A	Feb 10, 2017	Feb 10, 2025	Common Stock	40,000	120,000	D

F1The exercise price is the Fair Market Value of the shares of Common Stock of 4Licensing Corporation (the "Company") as of the grant date determined by the Board of Directors of the Company upon the range of bid prices for the Company's Common Stock on the OTC Pink Sheets on the grant date.
F2The grant date of the option to purchase 120,000 shares of Common Stock of the Company is February 10, 2015.
F3Option grants to purchase 40,000 shares of Common Stock of the Company become exercisable immediately upon the grant.
F4Option grants to purchase 40,000 shares of Common Stock of the Company become exercisable on the first anniversary of the grant date.
F5Option grants to purchase 40,000 shares of Common Stock of the Company become exercisable on the second anniversary of the grant date.
F6Includes the 120,000 shares of Common Stock of the Company underlying the option granted on February 10, 2015.