4//SEC Filing
Long Island Iced Tea Corp. 4
Accession 0001094891-16-000585
CIK 0001629261operating
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 4:10 PM ET
Size
9.3 KB
Accession
0001094891-16-000585
Insider Transaction Report
Form 4
Davidson Julian
DirectorExecutive Chairman
Transactions
- Award
Common Stock
2016-08-18+2,635→ 4,302 total(indirect: By Trust) - Award
Stock Option (Right to Buy)
2016-08-18+286,744→ 286,744 totalExercise: $5.50Exp: 2021-07-28→ Common Stock (286,744 underlying) - Award
Common Stock
2016-08-18+50,000→ 54,302 total(indirect: By Trust)
Footnotes (4)
- [F1]The reporting person was granted $10,000 per month (pro rated for partial days in any month) in shares at a value of $6.00 per shares as compensation for services.
- [F2]These shares are held in a trust for the benefit of the reporting person and members of the reporting person's immediate family. The reporting person's spouse controls the 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, except to the extent of the reporting person's pecuniary interest therein.
- [F3]The reporting person was granted 50,000 shares pursuant to his consulting agreement with the issuer.
- [F4]The option vests in three equal annual installments on the date of grant, July 28, 2017 and July 28, 2018, subject to certain other conditions being met, including shareholder approval by the stockholders of the issuer.
Documents
Issuer
Long Island Iced Tea Corp.
CIK 0001629261
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001629261
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 4:10 PM ET
- Size
- 9.3 KB