SEC Form 4 · accession 0001555569-17-000011
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
Aug 9, 2017
Accepted (ET)
Aug 28, 2017 · 3:16 pm EDT
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 to buyF1 | $0.46 | Aug 9, 2017 | A | 10,000 | A | — | Nov 8, 2022 | Common stock | 10,000 | 10,000 | D |
Explanation of responses
- F1The shares subject to the option grant vest 33% after the first year service date and in 24 equal monthly installments there after.