SEC Form 4 · accession 0001628280-16-012734
LAPOLLA INDUSTRIES INC · LPAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Kurtz
Director · 10% Owner · Other
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 6:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000875296
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F1 | $0.40 | Mar 14, 2016 | A | 800,000 | A | — | Mar 14, 2024 | Common Stock, PV $.01 | 800,000 | 1,700,000 | D |
Explanation of responses
- F1The securities reported vest monthly on a pro rata basis over a three year period, and once, vested, are immediately exercisable.