0001192482-18-000428.txt : 20180827
0001192482-18-000428.hdr.sgml : 20180827
20180827170022
ACCESSION NUMBER: 0001192482-18-000428
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170724
FILED AS OF DATE: 20180827
DATE AS OF CHANGE: 20180827
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Petrow Chester
CENTRAL INDEX KEY: 0001715479
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37535
FILM NUMBER: 181039452
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/A
1
edgar.xml
PRIMARY DOCUMENT
X0306
4/A
2017-07-24
2017-08-25
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
100000
D
Common Stock
2018-04-27
4
A
0
32127
A
132127
D
Common Stock
2018-05-29
5
G
0
40000
0
D
92127
D
Common Stock
2018-05-29
5
G
0
40000
0
A
40000
I
By Wife
Common Stock
2018-06-06
4
A
0
225468
0
A
317595
D
Common Stock
3250
I
By Family Member
Stock Option (Right to Buy)
6.01
2027-07-24
Common Stock
100000
0
D
Stock Option (Right to Buy)
6.01
2018-06-06
4
A
0
100000
0
A
2027-07-24
Common Stock
100000
100000
D
On August 25, 2017, the reporting person mistakenly filed a Form 4 reporting the award of 255,468 shares of restricted stock units that did not in fact occur.
The 32,127 shares represents the shares of SITO Mobile, Ltd.'s (the "Issuer") common stock granted to the reporting person, pursuant to the Issuer's 2017 Equity Incentive Plan in lieu of a cash bonus calculated by reference to the closing share price of the Issuer's shares on the NASDAQ Stock Market on March 29, 2018, which was $4.02.
The reporting person gifted 40,000 share of the Issuer's common stock to his wife.
Each restricted stock unit (each, an "RSU") represents the contingent right to receive one share of the Issuer's common stock. The RSUs 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.
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 options will vest annually over four years, starting on July 24, 2018.
On August 25, 2017, the reporting person mistakenly filed a Form 4 reporting the award of 100,000 stock options that did not in fact occur.
Thomas J. Pallack, Attorney-in-Fact
2018-08-27