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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Common share options (right to buy) | $ 0.8879 (1) | 12/12/2014 | A | 63,606 (5) | (2) | 12/12/2019 | Common shares | 63,606 | $ 0 | 559,617 | D | ||||
Restricted share units (exchange for common stock) | (3) | 12/12/2014 | A | 15,902 (5) | (4) | (4) | Common shares | 15,902 | $ 0 | 46,316 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GOPLERUD PENNE A 10758 WEST CENTENNIAL ROAD, SUITE 200 LITTLETON, CO 80127 |
Gen. Counsel & Corp. Secretary |
/s/ L. Charles Laursen, L Charles Laursen pursuant to Power of Attorney | 02/10/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The options were originally priced at $0.96 Canadian dollars which was based on the closing price at the incorrect date. The exercise price should have been based on the TSX closing price on 12/11/14 which was $1.02 Canadian dollars. The grant has been amended and restated at the correct price. This is the U.S. dollar equivalent of the amended and restated purchase price pursuant to the exchange rate as of the transaction date (Cdn$ 1.00 = US$0.8705) as reported by OANDA Corporation on its website, www.oanda.com |
(2) | Options vest from this grant and become exercisable as follows: 6,361 on December 12, 2014; 13,993 on April 28, 2015; 13,993 on September 12, 2015; 13,993 on January 27, 2016 and 15,266 on June 11, 2016. |
(3) | Each unit is redeemable upon vesting for one common share |
(4) | Units vest and become redeemable as follows: 7,951 on December 12, 2015 and 7,951 on December 12, 2016. |
(5) | The options and RSUs were coded correctly in column 4, but should have been shown in column 5(A) instead of 5(D). |