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XWELL, Inc. — Director's Dealing 2016
May 24, 2016
35356_dirs_2016-05-24_9b24fa92-0d36-44ec-ab52-a4c760e37f81.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FORM Holdings Corp. (FH)
CIK: 0001410428
Period of Report: 2016-05-19
Reporting Person: GIARDINA SALVATORE (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-19 | Stock Option | $1.72 | A | 60000 | Acquired | 2026-05-19 | Common Stock (60000) | Direct |
Footnotes
F1: These options to purchase shares of common stock of the Issuer vest in equal quarterly installments over a one-year period, with the first one-fourth vesting on June 30, 2016.
F2: These securities were issued as part of the Issuer's compensation to non-employee directors. Options to purchase 50,000 shares of common stock were issued in consideration for the Reporting Person's becoming a member of the Issuer's Board of Directors. Options to purchase 10,000 shares of common stock were issued in consideration for the Reporting Person's becoming the Chairman of the Issuer's Audit Committee of the Board of Directors.