SEC Form 4 · accession 0001140361-16-071786
VASO Corp · VASO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Behnam Movaseghi
Director
Period of report
Jul 5, 2016
Accepted (ET)
Jul 6, 2016 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000839087
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jul 5, 2016 | A | 150,000 | — | A | 1,189,404 | D | |
| Common Stock | holding | — | — | — | 1,039,404 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2004 Stock Option/Stock Issuance PlanF1 | $0.12 | Jul 26, 2007 | A | 150,000 | A | — | Jul 25, 2017 | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1Options vest immediately.
- F2Restricted shares of which 50,000 vest immediately with the remaining shares contingently vesting as follows: 50,000 on July 5, 2017 and 50,000 on July 5, 2018.