SEC Form 4 · accession 0001437749-16-033077
LIGHTING SCIENCE GROUP CORP · LSCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fred Maxik
Officer — Chief Technology Officer · Director
Period of report
Oct 20, 2015
Accepted (ET)
May 31, 2016 · 4:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000866970
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F1 | $0.11 | Oct 20, 2015 | A | 10,837,550 | A | — | Oct 20, 2025 | Common Stock | 10,837,550 | 10,837,550 | D |
| Incentive Stock Option (Right to Buy)F1 | $0.11 | Oct 20, 2015 | A | 3,126,707 | A | — | Oct 20, 2025 | Common Stock | 3,126,707 | 3,126,707 | D |
Explanation of responses
- F1The Non-Qualified Stock Option and the Incentive Stock Option vest and become exercisable in six equal tranches over a five-year period, with the first tranche vesting on October 20, 2015 (the "Grant Date"), the second tranche vesting on the first anniversary of the Grant Date, and the remaining tranches vesting annually thereafter, such that the final tranche vests on the fifth anniversary of the Grant Date.