4//SEC Filing
McAvoy Sean M 4
Accession 0001213900-18-000162
CIK 0001023994other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 1:58 PM ET
Size
12.2 KB
Accession
0001213900-18-000162
Insider Transaction Report
Form 4
SG BLOCKS, INC.SGBX
Hillair Capital Investments LP
10% Owner
Transactions
- Other
Common Stock
2017-08-31−315,238→ 622,726 total - Other
Stock Option (right to buy)
2017-08-31−11,203→ 22,131 totalExercise: $3.00Exp: 2026-10-31→ Common Stock (11,203 underlying)
McAvoy Sean M
Director
Transactions
- Other
Stock Option (right to buy)
2017-08-31−11,203→ 22,131 totalExercise: $3.00Exp: 2026-10-31→ Common Stock (11,203 underlying) - Other
Common Stock
2017-08-31−315,238→ 622,726 total
Hillair Capital Management LLC
10% Owner
Transactions
- Other
Common Stock
2017-08-31−315,238→ 622,726 total - Other
Stock Option (right to buy)
2017-08-31−11,203→ 22,131 totalExercise: $3.00Exp: 2026-10-31→ Common Stock (11,203 underlying)
Footnotes (5)
- [F1]Pursuant to a Participation Agreement, dated August 31, 2017, between Hillair Capital Investments L.P., a Cayman Islands limited partnership ("Hillair Investments"), acting through its general partner, Hillair Capital Advisors LLC, and HSPL Holdings, LLC ("HSPL"), Hillair Investments agreed to transfer to HSPL (i) 315,238 shares of the issuer's common stock and (ii) options to purchase 11,203 shares of the issuer's common stock, as soon as reasonably practicable after certain lock-up restrictions on such shares expire, in exchange for HSPL's withdrawal of participation in the master fund managed by Hillair Investments.
- [F2]The shares and options were distributed in-kind from Hillair Investments to HSPL in partial satisfaction of a withdrawal from the master fund managed by Hillair Investments.
- [F3]Increase in share number due to the inadvertent omission of 345 shares held by the reporting persons from prior reports.
- [F4]The securities reported herein are owned directly by Hillair Investments, and indirectly by Hillair Capital Management LLC ("Hillair Management"), as the investment advisor of Hillair Capital, and Sean M. McAvoy, as the manager of Hillair Management. Hillair Management disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.
- [F5]The options have vested in their entirety and are fully exercisable.
Documents
Issuer
SG BLOCKS, INC.
CIK 0001023994
Entity typeother
Related Parties
1- filerCIK 0001642615
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 1:58 PM ET
- Size
- 12.2 KB