4//SEC Filing
NEITZEL MICHAEL 4
Accession 0001076542-17-000105
CIK 0001416172other
Filed
Oct 9, 8:00 PM ET
Accepted
Oct 10, 4:22 PM ET
Size
8.0 KB
Accession
0001076542-17-000105
Insider Transaction Report
Form 4
NEITZEL MICHAEL
Director
Transactions
- Other
OPTIONS
2017-10-01+12,500→ 37,500 totalExercise: $1.00From: 2017-10-01Exp: 2021-10-01→ COMMON STOCK (12,500 underlying)
Holdings
- 585,000(indirect: See Footnote)
COMMON STOCK
- 30,000
COMMON STOCK
Footnotes (2)
- [F1]Mr Neitzel beneficially owns the securities of the Company held by Yorkville MGB Investments, LLC. as Mr. Neitzel is the Managing Partner of Yorkville MGB Investments, LLC and in such capacity has the voting and dispositive power over the securities held by such entity.
- [F2]Pursuant to the Director Services Agreement dated January 1, 2017, entered into between Mr. Neitzel and the Company, at the end of each 3-month period that he serves as a Director of the Company, the Company will grant to Mr. Neitzel an option (each "an Option") to purchase 12,500 shares of the Company's restricted Common Stock, at a price equal to $1.00 per share or in the alternative the price per share (the "Strike Price") of the Company's then current 409a valuation. Once established the Strike Price shall remain effective for any and all Options granted as a result of being a Director until there is a change in any future 409a valuation. Such 409a valuations shall not be retroactive for options previously granted. The term of each Option shall be for a period of four (4) years from the date of issue.
Documents
Issuer
NEXEON MEDSYSTEMS INC
CIK 0001416172
Entity typeother
Related Parties
1- filerCIK 0001701009
Filing Metadata
- Form type
- 4
- Filed
- Oct 9, 8:00 PM ET
- Accepted
- Oct 10, 4:22 PM ET
- Size
- 8.0 KB