SEC Form 4 · accession 0001250853-19-000007
NextTrip, Inc. · NTRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren Beckett
Officer — CTO
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 9:28 pm EST
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 | $1.50 | Jan 1, 2019 | A | 3,750 | A | — | Dec 31, 2023 | Common Stock | 3,750 | 3,750 | D |
Explanation of responses
- F1(1) The stock option vests and becomes exercisable in four annual installments over four years from the date of grant, as follows: 937 shares will vest and become exercisable on December 31, 2019; 937 shares will vest and become exercisable on December 31, 2020; 938 shares will vest and become exercisable on December 31, 2021; and 938 shares will vest and become exercisable on December 31, 2022; provided, in each case, that the Reporting Person remains an employee of the Issuer through such vesting date.