4: Statement of changes in beneficial ownership of securities
Published on July 14, 2021
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) | $ 103 | 06/14/2021 | D | 34,800 | 02/23/2015 | 02/23/2025 | Common Stock | 34,800 | $ 0 | 0 | D | ||||
Stock Option (right to buy) | $ 60 | 06/14/2021 | D | 70,000 | 12/28/2016 | 12/28/2026 | Common Stock | 70,000 | $ 0 | 0 | D | ||||
Stock Option (right to buy) | $ 12.28 | 06/14/2021 | A | 375,000 | (1) | 06/14/2031 | Common Stock | 675,000 | $ 0 | 675,000 (3) | D | ||||
Stock Option (right to buy) | $ 14.5 | 06/14/2021 | D | 100,000 | (2) | 07/31/2029 | Common Stock | 100,000 | $ 0 | 575,000 (3) | D |
Reporting Owners
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Elam Nevan C C/O REZOLUTE, INC. 201 REDWOOD SHORES PARKWAY, SUITE 315 REDWOOD CITY, CA 94065 |
X | Chief Executive Officer |
Signatures
/s/ Nevan C. Elam | 07/14/2021 | |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This Option shall vest and become exercisable as follows: (i) 25% of the options shall vest on the Grant Date and (ii) one thirty-sixth (1/36) of such Options shall vest each month thereafter on the first day of each month until the Option is 100% vested. The unvested portion of the option will not be exercisable on or after the Reporting Person's termination of Continuous Service subject to the terms of the Reporting Person's employment agreement. |
(2) | The disposed of options only vest equally over a 36-month period following certain performance and market price criteria, which had not been met through date of disposition. |
(3) | The number of derivative securities beneficially owned is based on post-split stock numbers. |