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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 | ||||||||
Stock Option (1) | $ 0.8 (2) | 08/14/2014 | A | 20,000 | 08/14/2014 | 08/13/2024 | Common Stock, par value $0.00001 | 20,000 (3) | $ 0.8 | 40,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SIERCHIO JOSEPH 430 PARK AVENUE SUITE 702 NEW YORK, NY 10022 |
X |
Joseph Sierchio | 08/18/2014 | |
**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) | On August 14, 2014, RenovaCare, Inc. (the "Company") issued Mr. Sierchio a stock option to purchase up to 20,000 shares of the Company's common stock at an exercise price of $0.80 per share. |
(2) | The closing price of the Company's common stock as quoted on the OTC Markets Group Inc. QB tier on August 14, 2014. The options may be exercised on a "cashless basis" using the formula contained in the nonstatutory stock option agreement entered into between Mr. Sierchio and the Company. |
(3) | Subject to his continued service as a member of the Company's Board of Directors, 10,000 of the option shares vest immediately and 10,000 of the option shares vest on the first anniversary of the date of grant. |