4//SEC Filing
Sornsin William Carrier Jr 4
Accession 0001493152-20-024485
CIK 0000894871other
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 5:43 PM ET
Size
6.3 KB
Accession
0001493152-20-024485
Insider Transaction Report
Form 4
theMaven, Inc.MVEN
Sornsin William Carrier Jr
Chief Operating Officer
Transactions
- Award
Options to purchase
2019-04-10+314,366→ 314,366 totalExercise: $0.46Exp: 2029-04-10→ Common Stock (314,366 underlying)
Footnotes (2)
- [F1]Vesting is a combined overlay of Time-based, Stock-Price-based, and Stock-Listing-based conditions. Time-based vesting is 1/3 vest after 1 year, with the balance monthly over next 2 years. Stock-Price vesting is a potential downward adjustment to the otherwise Time-based vested shares, where such adjustment is based on the rolling 45-day Volume Weighted Average Price set against specific price targets. Stock Listing vesting means that no otherwise Time-based and Stock Price-based vested shares are actually deemed as vested unless the Issuer's common stock is listed on a national securities exchange registered with the Securities and Exchange Commission under Section 6 of the Securities Exchange Act of 1934.
- [F2]The ability to exercise is subject to both: i) vesting conditions (2) and ii) the Issuer's Board of Directors approving a requisite increase in authorized shares of common stock, after the date the grant was issued, that would apply to this grant.
Documents
Issuer
theMaven, Inc.
CIK 0000894871
Entity typeother
Related Parties
1- filerCIK 0001688943
Filing Metadata
- Form type
- 4
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 5:43 PM ET
- Size
- 6.3 KB