0001437749-19-019527.txt : 20191002 0001437749-19-019527.hdr.sgml : 20191002 20191002181205 ACCESSION NUMBER: 0001437749-19-019527 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191002 DATE AS OF CHANGE: 20191002 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Chan Brian CENTRAL INDEX KEY: 0001403086 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-224531 FILM NUMBER: 191133655 MAIL ADDRESS: STREET 1: 7594 IRONWOOD KNOLL AVENUE CITY: LAS VEGAS STATE: NV ZIP: 89113 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Tapinator, Inc. CENTRAL INDEX KEY: 0001647170 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 463731133 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 110 WEST 40TH ST. STREET 2: SUITE 1902 CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 914-930-6232 MAIL ADDRESS: STREET 1: 110 WEST 40TH ST. STREET 2: SUITE 1902 CITY: NEW YORK STATE: NY ZIP: 10018 4 1 rdgdoc.xml FORM 4 X0306 4 2019-09-30 0001647170 Tapinator, Inc. TAPM 0001403086 Chan Brian C/O TAPINATOR, INC. 110 WEST 40TH ST., SUITE 1902 NEW YORK NY 10018 1 VP Finance and Accounting Sec. Restricted Stock Unit 2019-09-30 4 D 0 250000 D Common Stock 250000 0 D Stock Option (right to buy) 0.06 2019-09-30 4 A 0 250000 0 A 2029-09-30 Common Stock 250000 250000 D Restricted stock units convert into common stock on a one-for-one basis. Represents the cancellation of the entire 250,000 unvested restricted stock units. As consideration for the cancellation of the restricted stock units, the Reporting Person received (i) an option to purchase 250,000 shares of common stock (the same amount underlying the restricted stock units at the initial date of grant) at a per share exercise price of $0.06 and (ii) a one-time cash payment of $1,250. On August 6, 2018, the Reporting Person was granted 250,000 restricted stock units, which would have begun vesting ratably in 18 equal monthly installments on February 6, 2020. This stock option vests as follows: (i) 50% in three substantially equal installments (with the first two installments rounded down for any fractional shares) on the last day of October, November, and December in 2019 (with the third installment including any fractional shares that were rounded down from the first and second installments) and (ii) the remaining 50% in 12 substantially equal installments (with the first 11 installments rounded down for any fractional shares) on the last day of each month in 2020 (with the 12th installment including any fractional shares that were rounded down from the first 11 installments). /s/ BRIAN CHAN 2019-10-02