SEC Form 4 · accession 0001250853-18-000133
NextTrip, Inc. · NTRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren Beckett
Officer — CTO
Period of report
Oct 18, 2018
Accepted (ET)
Oct 22, 2018 · 8:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000788611
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 buy)F1 | $1.206 | Oct 18, 2018 | A | 20,000 | A | — | Oct 17, 2023 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The stock option vests as follows: 1,000 shares will vest and become exercisable on Sepetember 16, 2019; 3,000 shares will vest and become exercisable on September 16, 2020; 5,000 shares will vest and become exercisable on September 16, 2021, and 11,000 shares will vest and become exercisable on September 16, 2022, subject, in each case, to the Reporting Person being in the continuous employ of the Issuer on the applicable vesting date.