SEC Form 4 · accession 0001437749-15-006657
Speed Commerce, Inc. · SPDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey B. Zisk
Director · 10% Owner
Period of report
Apr 1, 2015
Accepted (ET)
Apr 1, 2015 · 5:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000911650
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 | $0.85 | Apr 1, 2015 | A | 12,000 | A | Apr 1, 2016 | Mar 31, 2025 | Common Stock | 12,000 | 12,000 | D |
| Restricted Stock UnitF2 | $0.00 | Apr 1, 2015 | A | 8,000 | A | Apr 1, 2016 | Apr 1, 2018 | Common Stock | 8,000 | 8,000 | D |
Explanation of responses
- F1Non-employee Director nonqualified stock option covering 12,000 shares of the Issuer's Common Stock granted pursuant to the terms in the Issuer's 2014 Stock Option and Incentive Plan, as approved by the stockholders, and exercisable in three annual installments of 4,000 shares on each of April 1, 2016, 2017 and 2018.
- F2Non-employee director restricted stock unit granted pursuant to the terms of the Issuer's 2014 Stock Option and Incentive Plan, as approved by stockholders, and vesting in three installments of 2,666 shares, 2,667 shares and 2,667 shares on April 1, 2016, 2017 and 2018, conditioned upon continued service with the Issuer as a director. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock once vested.