SEC Form 4 · accession 0001185185-18-002138
AMERITYRE CORP · AMTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Francis Sullivan
Officer — CEO
Period of report
Feb 23, 2017
Accepted (ET)
Dec 7, 2018 · 9:05 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000945828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Jun 30, 2018 | A | 375,000 | $0.02 | A | 4,122,581 | D | |
| Common stockF1 | Sep 30, 2018 | A | 1,980,000 | $0.0163 | A | 6,102,581 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option | $0.10 | Nov 1, 2014 | A | 140,000 | A | Aug 1, 2014 | Dec 31, 2018 | Common stock | 140,000 | 140,000 | D |
| Option | $0.10 | Dec 1, 2014 | A | 480,000 | A | Dec 1, 2015 | Dec 1, 2020 | Common stock | 480,000 | 480,000 | D |
| Option | $0.10 | Dec 1, 2015 | A | 480,000 | A | Dec 1, 2016 | Dec 1, 2020 | Common stock | 480,000 | 480,000 | D |
| Option | $0.10 | Dec 1, 2016 | A | 480,000 | A | Dec 1, 2017 | Dec 1, 2020 | Common stock | 480,000 | 480,000 | D |
| OptionF2 | $0.10 | Feb 23, 2017 | A | 480,000 | A | Jan 1, 2018 | Dec 1, 2021 | Common stock | 480,000 | 480,000 | D |
Explanation of responses
- F1Stock award in September 30, 2018 employment renewal. Vesting of these shares begins January 2019, and vests monthly through December 2019.
- F2Option award in February 23, 2017 employment renewal. Vesting of these options occurred monthly January - December 2018.