0001192482-17-000241.txt : 20170825
0001192482-17-000241.hdr.sgml : 20170825
20170825163243
ACCESSION NUMBER: 0001192482-17-000241
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170724
FILED AS OF DATE: 20170825
DATE AS OF CHANGE: 20170825
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Petrow Chester
CENTRAL INDEX KEY: 0001715479
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37535
FILM NUMBER: 171052356
MAIL ADDRESS:
STREET 1: C/O SITO MOBILE, LTD.
STREET 2: 100 TOWN SQUARE PLACE, SUITE 204
CITY: JERSEY CITY
STATE: NJ
ZIP: 07310
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SITO MOBILE, LTD.
CENTRAL INDEX KEY: 0001157817
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 134122844
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 TOWN SQUARE PLACE
STREET 2: SUITE 204
CITY: JERSEY CITY
STATE: NJ
ZIP: 07310
BUSINESS PHONE: 201-275-0555
MAIL ADDRESS:
STREET 1: 100 TOWN SQUARE PLACE
STREET 2: SUITE 204
CITY: JERSEY CITY
STATE: NJ
ZIP: 07310
FORMER COMPANY:
FORMER CONFORMED NAME: SINGLE TOUCH SYSTEMS INC
DATE OF NAME CHANGE: 20080806
FORMER COMPANY:
FORMER CONFORMED NAME: HOSTING SITE NETWORK INC
DATE OF NAME CHANGE: 20010821
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2017-07-24
0001157817
SITO MOBILE, LTD.
SITO
0001715479
Petrow Chester
C/O SITO MOBILE, LTD.
100 TOWN SQUARE PLACE, SUITE 204
JERSEY CITY
NJ
07301
1
0
0
0
Common Stock
2017-07-24
4
A
0
255468
A
286968
D
Common Stock
2017-08-17
4
P
0
27592
3.46
A
314560
D
Common Stock
2017-08-24
4
P
0
41208
4.32
A
355768
D
Common Stock
3250
I
By Family Member
Stock Option (Right to Buy)
6.01
2017-07-24
4
A
0
100000
0
A
2027-07-24
Common Stock
100000
100000
D
Each restricted stock unit (each, an "RSU") represents the contingent right to receive one share of the Issuer's Common Stock. RSUs may be settled in Common Stock or cash, at the election of the Issuer.
Such RSU's will (i) vest as to 20% of such RSUs in the event that the closing price of the Issuer's Common Stock for a period of at 65 trading days is $7.00; (ii) vest as to 30% of such RSUs in the event that the closing price of the Issuer's Common Stock for a period of at 65 trading days is $10.00 and (iii) vest as to 50% of such RSUs in the event that the closing price of the Issuer's Common Stock for a period of at 65 trading days is $15.00.
The purchase prices reported in column 4 of Table I represent the weighted average purchase price of the shares purchased, ranging from $3.35 to $4.35 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares purchased at each separate price.
The purchase prices reported in column 4 of Table I represent the weighted average purchase price of the shares purchased, ranging from $4.24 to $4.35 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares purchased at each separate price
Shares are held by an immediate family member. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
The stock option will vest ratably on the first four anniversaries of the date of grant. Options may be settled in Common Stock or cash, at the election of the Issuer.
Mark Del Priore, Attorney-in-Fact
2017-08-25