SEC Form 4 · accession 0001437749-18-000185
BIOLARGO, INC. · BLGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack B. Strommen
Director
Period of report
Dec 31, 2017
Accepted (ET)
Jan 3, 2018 · 6:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880242
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 3, 2018 | A | 72,179 | $0.4145 | A | 545,262 | 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 StockF2 | $0.39 | Dec 31, 2017 | A | 38,462 | A | Dec 31, 2017 | Dec 31, 2027 | Common Stock | 38,462 | 82,138 | D |
Explanation of responses
- F1Shares issued to Reporting Person as payment of interest due on promissory notes issued for investments in Registrant's private securities offering.
- F2This Option was issued to Reporting Person as payment for $15,000 in fees due to Reporting Person by Issuer in exchange for services on its board of directors pursuant to a plan adopted by the Issuer's Board to retire outstanding accounts payable.