SEC Form 4 · accession 0000921895-17-000707
FALCONSTOR SOFTWARE INC · FALC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Komet
Officer — EVP Worldwide Field Operations
Period of report
Mar 13, 2017
Accepted (ET)
Mar 15, 2017 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922521
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 225,015 | D |
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 | $0.40 | Mar 13, 2017 | A | 75,000 | A | — | Mar 13, 2027 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1These options were granted under the Company's 2016 Incentive Stock Plan, 1/2 of which vest on March 13, 2018 and the remaining 1/2 vest on March 13, 2019.