SEC Form 4 · accession 0001539160-15-000028
ODYSSEY MARINE EXPLORATION INC · OMEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip S Devine
Officer — CFO
Period of report
Dec 21, 2015
Accepted (ET)
Dec 22, 2015 · 2:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000798528
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | Dec 21, 2015 | A | 30,416 | $0.00 | A | 122,384 | D | |
| common stock | Dec 21, 2015 | F | 8,318 | $0.31 | D | 114,066 | D | |
| common stock | Dec 21, 2015 | A | 30,600 | $0.00 | A | 144,666 | D | |
| common stock | Dec 21, 2015 | F | 8,369 | $0.31 | D | 136,297 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted stock unitF1,F2 | — | Dec 21, 2015 | M | 30,416 | D | — | Dec 20, 2016 | common stock | 30,416 | 30,417 | D |
| restricted stock unitF1,F3 | — | Dec 21, 2015 | M | 30,600 | D | — | Dec 20, 2017 | common stock | 30,600 | 61,200 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of OMEX common stock
- F2Restricted Stock Units vest in three equal annual installments on December 20, 2014, 2015, 2016
- F3Restricted Stock Units vest in three equal annual installments on December 20, 2015, 2016 and 2017