SEC Form 4 · accession 0001295345-16-000499
QUANTUM X LABS INC. · QXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Estery Giloz-Ran
Director
Period of report
Feb 24, 2016
Accepted (ET)
Apr 4, 2016 · 2:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000797542
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 24, 2016 | A | 482,000 | $1.00 | A | 690,323 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of common stock were issued under the Registrant's Employee Incentive Plan (the "Plan") to Dr. Giloz-Gan and vest as follows: (i) 160,667 immediately; (ii) 40,167 on the first day of each three-month period commencing on May 1, 2016 through February 1, 2018.
- F2The shares were valued at $1.00, the closing price of the Registrant's shares of common stock on February 24, 2016.