SEC Form 4 · accession 0001555569-16-000018
ENCISION INC · ECIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vern D Kornelsen
Director · 10% Owner
Period of report
May 8, 2013
Accepted (ET)
Nov 15, 2016 · 12:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000930775
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common stock option-right to buyF1 | $1.45 | May 8, 2013 | A | 10,000 | A | — | Aug 8, 2018 | Common Stock | 10,000 | 10,000 | D |
| Common stock option-right to buyF2 | $0.70 | Oct 22, 2014 | A | 10,000 | A | — | Jan 22, 2020 | Common Stock | 10,000 | 10,000 | D |
| Common stock option-right to buyF3 | $0.50 | Aug 8, 2015 | A | 10,000 | A | — | Nov 5, 2020 | Common Stock | 10,000 | 10,000 | D |
| Common stock option-right to buyF4 | $0.31 | Aug 10, 2016 | A | 10,000 | A | — | Nov 5, 2021 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1The share subject to the option grant vest over 3 years beginning after the service date of May 8, 2014.
- F2The share subject to the option grant vest over 3 years beginning after the service date of October 22, 2015.
- F3The share subject to the option grant vest over 3 years beginning after the service date of August 5, 2016.
- F4The share subject to the option grant vest over 3 years beginning after the service date of August 10, 2017.