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