SEC Form 4 · accession 0001437749-18-011945
EVINE Live Inc. · EVLV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nick Vassallo
Officer — SVP, Corporate Controller
Period of report
Jun 13, 2018
Accepted (ET)
Jun 15, 2018 · 5:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000870826
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 13, 2018 | A | 60,750 | $0.00 | A | 205,682 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F3 | $1.00 | Jun 13, 2018 | A | 92,171 | A | — | Mar 26, 2028 | Common Stock | 92,171 | 92,171 | D |
Explanation of responses
- F1Restricted Stock Units vest as to one-third of the shares on each of the first three anniversaries of the date of grant, March 26, 2018.
- F2This award was approved by the Human Resources and Compensation Committee of EVINE Live's Board of Directors on March 22, 2018, subject to shareholder approval of an amendment to the EVINE Live Inc. 2011 Omnibus Incentive Plan ("Plan") under which the award was granted. EVINE Live's shareholders approved the Plan amendment on June 13, 2018.
- F3Options vest as to one-third of the shares on each of the first three anniversaries of the date of grant, March 26, 2018.