4//SEC Filing
Nikolayev Ilya 4
Accession 0001437749-19-019528
CIK 0001647170other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 6:13 PM ET
Size
16.6 KB
Accession
0001437749-19-019528
Insider Transaction Report
Form 4
Tapinator, Inc.TAPM
Nikolayev Ilya
DirectorChief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Common Stock
2019-09-30−555,555→ 11,637,766 total - Exercise/Conversion
Common Stock
2019-08-21+277,777→ 11,915,543 total - Disposition to Issuer
Restricted Stock Unit
2019-09-30−4,444,445→ 0 total→ Common Stock (4,444,445 underlying) - Exercise/Conversion
Common Stock
2019-09-21+277,778→ 12,193,321 total - Exercise/Conversion
Restricted Stock Unit
2019-08-21−277,777→ 4,722,223 total→ Common Stock (277,777 underlying) - Exercise/Conversion
Restricted Stock Unit
2019-09-21−277,778→ 4,444,445 total→ Common Stock (277,778 underlying) - Award
Stock Option (right to buy)
2019-09-30+5,000,000→ 5,000,000 totalExercise: $0.06Exp: 2029-09-30→ Common Stock (5,000,000 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents (i) the repurchase by the Issuer of undelivered common stock underlying 555,555 vested restricted stock units and (ii) the cancellation of the remaining 4,444,445 unvested restricted stock units. As consideration for the repurchase and cancellation of the shares of common stock and restricted stock units, respectively, the Reporting Person received (i) an option to purchase 5,000,000 shares of common stock (the same amount underlying the restricted stock units at the initial date of grant) at a per share exercise price of $0.06 and (ii) a one-time cash payment of $25,000.
- [F3]On February 21, 2018, the Reporting Person was granted 5,000,000 restricted stock units, which began vesting ratably in 18 equal monthly installments on August 21, 2019.
- [F4]This stock option vests as follows: (i) 50% in three substantially equal installments (with the first two installments rounded down for any fractional shares) on the last day of October, November, and December in 2019 (with the third installment including any fractional shares that were rounded down from the first and second installments) and (ii) the remaining 50% in 12 substantially equal installments (with the first 11 installments rounded down for any fractional shares) on the last day of each month in 2020 (with the 12th installment including any fractional shares that were rounded down from the first 11 installments).
Documents
Issuer
Tapinator, Inc.
CIK 0001647170
Entity typeother
Related Parties
1- filerCIK 0001738213
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 6:13 PM ET
- Size
- 16.6 KB