0001104659-20-035959.txt : 20200319
0001104659-20-035959.hdr.sgml : 20200319
20200319171235
ACCESSION NUMBER: 0001104659-20-035959
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200317
FILED AS OF DATE: 20200319
DATE AS OF CHANGE: 20200319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schessel Marc Sanford
CENTRAL INDEX KEY: 0001767842
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37899
FILM NUMBER: 20729309
MAIL ADDRESS:
STREET 1: 4 JACOBS LANE
CITY: NEW PALTZ
STATE: NY
ZIP: 12561
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SCWorx Corp.
CENTRAL INDEX KEY: 0001674227
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
IRS NUMBER: 475412331
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 590 MADISON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 2127397825
MAIL ADDRESS:
STREET 1: 590 MADISON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
FORMER COMPANY:
FORMER CONFORMED NAME: Alliance MMA, Inc.
DATE OF NAME CHANGE: 20160510
4
1
tm2013183d3_4.xml
OWNERSHIP DOCUMENT
X0306
4
2020-03-17
0
0001674227
SCWorx Corp.
WORX
0001767842
Schessel Marc Sanford
4 JACOBS LANE
NEW PALTZ
NY
12561
1
1
1
0
CEO
Common Stock, $.001 par value
1032603
D
Common Stock, $.001 par value
197820
I
See Footnote
Restricted Stock Units (common stock)
75000
D
Restricted Stock Units (common stock)
25000
D
Restricted Stock Units (common stock)
25000
D
Restricted Stock Units (common stock)
25000
D
Restricted Stock Units (common stock)
2020-03-17
4
A
0
80000
0
A
80000
D
Owned of record by Greg Lewis Stivers, Trustee, TSS 2019 Irrevocable Trust. These shares are held in a trust for the benefit of the reporting person's spouse, who is not a trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of. Section 16 or for any other purpose.
These Restricted stock Units ("RSUs") vest in quarterly installments over three years, commencing August 15, 2019.
These RSUs vest only if the Issuer obtains $10M in new recurring revenue on or before 08/15/20.
These RSUs vest if and when the Issuer's stock price attains a volume weighted average price ("VWAP") of $20 per share for 15 consecutive trading days.
These RSUs vest if and when the Issuer's stock price attains a VWAP of $40 per share for 15 consecutive trading days.
The Restricted Stock Units vest in full on 09/17/20.
The RSUs were issued to the reporting person as compensation for serving as a director in 2020.
/s/ Marc S. Schessel
2020-03-18