4//SEC Filing
barcklow jonathan 4
Accession 0001615774-18-014760
CIK 0000879911other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 9:33 AM ET
Size
8.3 KB
Accession
0001615774-18-014760
Insider Transaction Report
Form 4
barcklow jonathan
DirectorVice President and Secretary
Transactions
- Award
Option (right to buy)
2018-11-12$0.07/sh+5,000,000$350,000→ 5,000,000 totalExercise: $0.07Exp: 2028-11-12→ common stock (5,000,000 underlying) - Other
Common Stock
2018-06-21$0.06/sh+1,000,000$60,000→ 1,000,000 total(indirect: See footnote)
Footnotes (3)
- [F1]Represents delivery of shares to Potomac Venture Group LLC an entity controlled by the Reporting Person pursuant to a common Stock Subscription Agreement dated May 1, 2018 in satisfaction of a non-interest bearing loan made by the Reporting Person to the Issuer for $60,000.
- [F2]By Reporting Person as owner of Potomac Venture Group LLC.
- [F3]The options granted to Mr. Barcklow vest immediately as to 1,800,000 shares and 200,000 shares per month thereafter through February of 2020. This vesting schedule was calculated monthly based on a start date of March 2018 when he became a director of the company. Additionally, with respect to 2,500,000 shares, the company must achieve certain milestones in the 20-day moving average share price of its common stock for the options to be exercisable. These options will be exercisable in the amount of 1,500,000 shares upon the 20-day moving average share price reaching $0.15 per share, 1,000,000 shares at $0.25 per share and 500,000 shares at $0.50 per share. Mr. Barcklow does not receive a salary for his services.
Documents
Issuer
APPLIED ENERGETICS, INC.
CIK 0000879911
Entity typeother
Related Parties
1- filerCIK 0001728348
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 9:33 AM ET
- Size
- 8.3 KB