UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Option (right to purchase) | Â (1) | 01/01/2018 | Common stock | 30,000 | $ 0.1 | D | Â |
Employee Stock Option (right to purchase) | Â (2) | 01/06/2019 | Common stock | 120,000 | $ 0.1 | D | Â |
Employee Stock Option (right to purchase) | Â (3) | 07/01/2019 | Common stock | 280,000 | $ 0.1 | D | Â |
Employee Stock Option (right to purchase) | Â (4) | 04/02/2020 | Common stock | 300,000 | $ 0.5 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Ulzari Tomer Yaacov C/O EZTD INC 6 YEHEZKEL KOIFMAN STREET TEL AVIV, L3 68012 |
 |  |  Chief Risk Officer |  |
/s/ Tomer Yulzari | 09/17/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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 option vests in 12 equal quarterly installments commencing on January 1, 2013 and becomes fully vested on January 1,2016. |
(2) | The options are fully vested. |
(3) | The options are fully vested. |
(4) | One sixth of the option vests over 6 months starting April 2, 2015. The remainder vests in 10 equal quarterly installments and becomes fully vested on April 2, 2018. |