SEC Form 4 · accession 0000921895-19-000085
FALCONSTOR SOFTWARE INC · FALC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P Kelly
Director
Period of report
Dec 27, 2018
Accepted (ET)
Jan 14, 2019 · 6:09 pm EST
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 | Dec 27, 2018 | X | 763,915 | $0.001 | A | 763,915 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1 | $0.001 | Dec 27, 2018 | X | 763,915 | D | — | Feb 23, 2028 | Common Stock | 763,915 | 0 | D |
Explanation of responses
- F1The warrants reported herein were issued by the Issuer to the Reporting Person in connection with its purchase of 62,447 units in a private placement which closed in October 2018. The warrants are exercisable at any time prior to the expiration date.