SEC Form 4 · accession 0001062993-16-008735
Heritage Global Inc. · HGBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henry Y L Toh
Director
Period of report
Mar 31, 2016
Accepted (ET)
Apr 1, 2016 · 8:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000849145
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 31, 2016 | M | 10,000 | $0.15 | A | 40,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase common stockF1 | $0.15 | Mar 31, 2016 | M | 10,000 | D | — | Mar 31, 2016 | Common stock | 10,000 | 60,000 | D |
| Option to purchase common stockF2 | $0.24 | Mar 31, 2016 | A | 10,000 | A | — | Mar 31, 2026 | Common stock | 10,000 | 70,000 | D |
Explanation of responses
- F1Options vest 25% annually beginning on the first anniversary of the grant date.
- F2Options vest 25% annually beginning on the first anniversary of the grant date.