SEC Form 4 · accession 0001437749-15-022536
Genasys Inc. · GNSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas R Brown
Officer — CEO · Director
Period of report
Dec 17, 2015
Accepted (ET)
Dec 18, 2015 · 6:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000924383
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 | $1.86 | Dec 17, 2015 | A | 250,000 | A | — | Dec 17, 2022 | Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1Grant to reporting person on December 17, 2015 of an option to purchase 250,000 shares. The option vests as to 1/3 of the shares on the date of grant and 1/12 of the shares quarterly thereafter until fully vested.