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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (2) | 04/12/2019 | A | 20,000 | (3) | (4) | Common Stock | 20,000 | $ 0 | 20,000 | D | ||||
Incentive Stock Option | $ 3.50 | 04/12/2019 | A | 10,000 | (3) | 11/16/2023 | Common Stock | 10,000 | $ 0 | 10,000 | D | ||||
Incentive Stock Option | $ 4.50 | 04/12/2019 | A | 10,000 | (3) | 11/16/2023 | Common Stock | 10,000 | $ 0 | 20,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Glick Frederick L 7621 LITTLE AVENUE, SUITE 414 CHARLOTTE, NC 28226 |
President |
/s/ Frederick L. Glick | 05/14/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The restricted stock award vested 100% on the grant date. |
(2) | Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. |
(3) | The equity award will vest in eight quarterly installments on the first day of each fiscal quarter during Mr. Glick's continued employment with the Issuer commencing on January 1, 2019. |
(4) | Not applicable. |