SEC Form 4 · accession 0001682874-16-000002
E DIGITAL CORP · EDIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell H. Packer
Director
Period of report
Sep 15, 2016
Accepted (ET)
Sep 19, 2016 · 4:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886328
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $0.075 | Sep 15, 2016 | A | 250,000 | A | Sep 15, 2016 | Sep 15, 2020 | Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1Options vest 25% at grant and 25% each six months thereafter subject to the terms of the option agreement.