SEC Form 4 · accession 0001140361-17-014137
VASO Corp · VASO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jun Ma
Officer — Chief Exec Officer & President · Director
Period of report
Mar 29, 2017
Accepted (ET)
Mar 31, 2017 · 11:08 am 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 StockF3,F2 | Mar 29, 2017 | A | 400,000 | — | A | 4,729,841 | D | |
| Common StockF2 | holding | — | — | — | 4,329,841 | 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.
- F2Includes 1,050,000 restricted shares issued on July 5, 2016 of which 350,000 vested immediately, and the remaining shares contingently vest as follows: 350,000 on July 5, 2017 and 350,000 on July 5, 2018.
- F3Restricted shares which vest on April 1, 2017.