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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 | ||||||||
Employee Stock Option (right to buy) | $ 0.4 | 03/20/2018 | A | 1,050,000 | (1) | 03/19/2028 | Common Stock | 1,050,000 | $ 0 | 1,050,000 | D | ||||
Restricted Stock Units | (2) | 06/08/2018 | A | 2,950,000 | (3) | (3) | Common Stock | 2,950,000 | $ 0 | 2,950,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Mona Michael Joseph Jr 2688 S. RAINBOW BLVD., SUITE B LAS VEGAS, NV 89146 |
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/s/ Michael Joseph Mona, Jr. | 06/14/2018 | |
**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 stock option is fully vested on the date of grant. |
(2) | Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. |
(3) | 983,323 of the restricted stock units vest on June 8, 2019 and the remaining restricted stock units vest in twenty-four equal monthly increments thereafter. Vested shares will be delivered to Reporting Person within ten (10) business days of the vesting date. Notwithstanding the foregoing, in the event the Issuer reasonably anticipates that the issuance of the vested shares would constitute a violation of federal securities laws or other applicable laws, delivery of the vested shares shall be delayed until the earliest date at which the Issuer reasonably anticipates issuing the vested shares will not cause such a violation. |