SEC Form 4 · accession 0001313007-15-000001
Onstream Media CORP · ONSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Edward Tomlinson
Officer — Chief Financial Officer
Period of report
Jun 19, 2015
Accepted (ET)
Jun 23, 2015 · 7:21 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000919130
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Fully restricted common stockF1 | Jun 19, 2015 | A | 25,000 | $0.00 | A | 484,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are restricted pursuant to an executive incentive compensation plan approved by the Company's Board of Directors on February 20, 2013 and may not be voted, sold, traded, used as collateral or transacted in any other way by the holder until such restriction is lifted. Upon a change of control of the Company, termination of the executive's employment with the Company (subject to certain conditions)or an imminently proposed and/or anticipated sale of the Company at a price of $1.00 per share or more, all restrictions on these securities will be lifted.