4//SEC Filing
Mooers Richard L 4
Accession 0001493152-19-008404
CIK 0001565228other
Filed
May 29, 8:00 PM ET
Accepted
May 30, 7:23 AM ET
Size
18.6 KB
Accession
0001493152-19-008404
Insider Transaction Report
Form 4
Mooers Richard L
Director10% Owner
Transactions
- Other
Common Stock
2018-12-31−16,295→ 40,850 total(indirect: By LLC) - Other
Common Stock
2018-12-31−7→ 40,666 total(indirect: By LLC) - Other
Warrants
2018-12-31−7→ 0 total(indirect: By LLC)Exercise: $840000.00Exp: 2016-01-19→ Common Stock (7 underlying) - Award
Common Stock
2019-05-24$0.37/sh+3,858$1,420→ 44,524 total - Award
Options (Right to buy)
2017-03-24+0→ 2,500 totalExercise: $15.50Exp: 2027-03-24→ Common Stock (2,500 underlying) - Other
Common Stock
2018-12-31−177→ 40,673 total(indirect: By LLC) - Other
Stock Option (Right to Buy)
2018-12-31−177→ 0 total(indirect: By LLC)Exercise: $82440.00Exp: 2018-01-16→ Common Stock (177 underlying)
Holdings
- 57,145
Common Stock
Footnotes (5)
- [F1]Shares have been split-adjusted pursuant to the Company's 1-for-10 reverse stock split effective May 13, 2019.
- [F2]Mr. Mooers is an 80% interest holder in MB Merchant Group, LLC, which in turn is a 45.85% owner of MB Technology Holdings, LLC ("MBTH"). MBTH owns 16,295 shares of Common Stock and 177 shares of Common Stock underlying options that are presently exercisable. On 12/31/2018, MB Merchant Group, LLC abandoned its holdings in MB Technology Holdings, LLC.
- [F3]Trusts for the benefit of Mr. Mooers' children beneficially owned shares and warrants of the Company through Mooers Partners, LLC, of which these family trusts and entities beneficially own 100%. These warrants have expired.
- [F4]The securities were issued to Mr. Mooers pursuant to the 2016 Employee Stock Purchase Plan of xG Technology, Inc.
- [F5]These options were granted on March 24, 2017 under the 2015 Incentive Compensation Plan. The options vest over three years with 2,500 shares subject to the options vesting on the first anniversary of the grant, 2,500 vesting on the second anniversary of the grant, and 2,500 vesting on the third anniversary of the grant, until fully vested on March 24, 2020.
Documents
Issuer
Vislink Technologies, Inc.
CIK 0001565228
Entity typeother
Related Parties
1- filerCIK 0001582450
Filing Metadata
- Form type
- 4
- Filed
- May 29, 8:00 PM ET
- Accepted
- May 30, 7:23 AM ET
- Size
- 18.6 KB