4//SEC Filing
Siegel Jonathan 4
Accession 0001600481-18-000004
CIK 0001294649other
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 11:47 AM ET
Size
25.3 KB
Accession
0001600481-18-000004
Insider Transaction Report
Form 4
Siegel Jonathan
See Remarks
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2018-09-07−75,000→ 0 totalExercise: $0.43Exp: 2025-03-20→ Common Stock (75,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-09-07−400,000→ 0 totalExercise: $0.36Exp: 2026-03-17→ Common Stock (400,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-09-07−100,000→ 0 totalExercise: $0.43Exp: 2027-02-10→ Common Stock (100,000 underlying) - Award
Stock Option (right to buy)
2018-09-06+200,000→ 200,000 totalExercise: $0.26Exp: 2026-05-12→ Common Stock (200,000 underlying) - Disposition to Issuer
Stock Option (rignt to buy)
2018-09-07−200,000→ 0 totalExercise: $0.26Exp: 2026-05-12→ Common Stock (200,000 underlying) - Award
Stock Option (right to buy)
2018-09-06+150,000→ 150,000 totalExercise: $0.43Exp: 2027-02-10→ Common Stock (150,000 underlying) - Disposition to Issuer
Stock Option (rignt to buy)
2018-09-07−150,000→ 0 totalExercise: $0.43Exp: 2027-02-10→ Common Stock (150,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-09-07−425,000→ 0 totalExercise: $0.43Exp: 2024-02-14→ Common Stock (425,000 underlying)
Footnotes (6)
- [F1]Stock option granted on May 12, 2016 pursuant to Walker Innovation Inc. 2015 Long-term Incentive Plan in respect of 16,666 shares exercisable from and after each of August 12, 2016; November 12, 2016; February 12, 2017; May 12, 2017; August 12, 2017; November 12, 2017; February 12, 2018; May 12, 2018; August 12, 2018; November 12, 2018; and February 12, 2019; and 16,674 shares exercisable from and after May 12, 2019. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on September 6, 2018 (the day immediately prior to the filing of the Company's Certificate of Dissolution with the State of Delaware), unvested options under this grant were vested in full and, on a date to be determined by the Company's Board of Directors, will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution.
- [F2]Stock option granted on February 10, 2017 pursuant to Walker Innovation Inc. 2015 Long-term Incentive Plan in respect of 50,000 shares exercisable from and after each of February 3, 2018; February 3, 2019; and February 3, 2020. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on September 6, 2018 (the day immediately prior to the filing of the Company's Certificate of Dissolution with the State of Delaware), unvested options under this grant were vested in full and, on a date to be determined by the Company's Board of Directors, will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution.
- [F3]Stock options granted pursuant to Amended and Restated 2006 Long-term Incentive plan in respect of 141,666 shares exercisable from and after February 14, 2015; 141,667 shares exercisable from and after February 14, 2016; and 141,667 shares exercisable from and after February 14, 2017. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on a date to be determined by the Company's Board of Directors, options under this grant will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution.
- [F4]Stock option granted pursuant to Walker Innovation Inc. 2015 Long-term Incentive Plan in respect of 25,000 shares exercisable from and after February 14, 2016; 25,000 shares from and after February 14, 2017; and 25,000 shares from and after February 14, 2018. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on a date to be determined by the Company's Board of Directors, options under this grant will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution.
- [F5]Stock option granted on March 17, 2016 pursuant to Walker Innovation Inc. 2015 Long-term Incentive Plan in respect of 100,000 shares exercisable from and after April 3, 2016 and 37,500 shares exercisable from and after each of May 3, June 3, July 3, August 3, September 3, October 3, November 3, and December 3, 2016. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on a date to be determined by the Company's Board of Directors, options under this grant will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution.
- [F6]Stock option granted on February 10, 2017 pursuant to Walker Innovation Inc. 2015 Long-term Incentive Plan in respect of 8,333 shares exercisable from and after each of March 3, 2017; April 3, 2017; May 3, 2017; June 3, 2017; July 3, 2017; August 3, 2017; September 3, 2017; October 3, 2017; November 3, 2017; December 3, 2017; and January 3, 2018; and 8,337 shares exercisable from and after February 3, 2018. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on a date to be determined by the Company's Board of Directors, options under this grant will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution.
Documents
Issuer
WALKER INNOVATION INC.
CIK 0001294649
Entity typeother
Related Parties
1- filerCIK 0001600481
Filing Metadata
- Form type
- 4
- Filed
- Sep 6, 8:00 PM ET
- Accepted
- Sep 7, 11:47 AM ET
- Size
- 25.3 KB