SEC Form 3 · accession 0001185185-17-002197
Mitesco, Inc. · MITI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas W. Burnell
Officer — President and CEO
Period of report
Oct 2, 2017
Accepted (ET)
Oct 20, 2017 · 12:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000802257
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 1,000,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 1,000,000 shares of common stock are subject to the following reverse vesting schedule: (i) 500,000 shares are subject to the Reporting Person's continued tenure with the Issuer and are subject to reverse vesting conditions which expire over time and (i) 500,000 shares are subject to reverse vesting conditions which expire upon the achievement of certain milestones, including, equity investments, bank or other debt funding, achievement of revenue levels and achievement of certain earnings per share targets.