SEC Form 4 · accession 0001437749-16-036326
Genasys Inc. · GNSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Danforth
Officer — CEO
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 7:23 pm EDT
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 | $1.99 | Aug 1, 2016 | A | 375,000 | A | — | Aug 1, 2023 | Common Stock | 375,000 | 375,000 | D |
Explanation of responses
- F1Grant to reporting person on August 1, 2016 of an option to purchase 375,000 shares. The option vests as to 1/3 of the shares on August 1, 2017 and 1/12 of the shares quarterly thereafter until fully vested.