SEC Form 4 · accession 0001437749-17-017529
BIOLARGO, INC. · BLGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L Provenzano
Officer — Secretary · Director
Period of report
Oct 23, 2017
Accepted (ET)
Oct 24, 2017 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880242
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 to Purchase Common StockF1,F2 | $0.47 | Oct 23, 2017 | A | 100,000 | A | Nov 23, 2017 | Oct 23, 2027 | Common Stock | 100,000 | 926,203 | D |
Explanation of responses
- F1The reported Option was issued to Reporting Person by the Company's Compensation Committee. Reporting Person paid no consideration for the Option.
- F2The Option vests in 10,000 share increments each month until fully vested, so long as Reporting Person is continuing to provide services to Issuer pursuant to his employment agreement.