0001429619-18-000005.txt : 20180907 0001429619-18-000005.hdr.sgml : 20180907 20180907111634 ACCESSION NUMBER: 0001429619-18-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180906 FILED AS OF DATE: 20180907 DATE AS OF CHANGE: 20180907 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jenny Kara B CENTRAL INDEX KEY: 0001429619 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33700 FILM NUMBER: 181059214 MAIL ADDRESS: STREET 1: C/O PATENT PROPERTIES, INC. STREET 2: TWO HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WALKER INNOVATION INC. CENTRAL INDEX KEY: 0001294649 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 300342273 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TWO HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 BUSINESS PHONE: 203-461-7200 MAIL ADDRESS: STREET 1: TWO HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 FORMER COMPANY: FORMER CONFORMED NAME: Patent Properties, Inc. DATE OF NAME CHANGE: 20131112 FORMER COMPANY: FORMER CONFORMED NAME: GlobalOptions Group, Inc. DATE OF NAME CHANGE: 20050831 FORMER COMPANY: FORMER CONFORMED NAME: Creative Solutions With Art, Inc. DATE OF NAME CHANGE: 20040619 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2018-09-06 0001294649 WALKER INNOVATION INC. WLKR 0001429619 Jenny Kara B WALKER INNOVATION INC. TWO HIGH RIDGE PARK STAMFORD CT 06905 0 1 0 0 Chief Financial Officer Stock Option (Right to Buy) .39 2018-09-06 4 A 0 250000 A 2027-09-08 Common Stock 250000 250000 D Stock Option (Right to Buy) .39 2018-09-07 4 D 0 250000 D 2027-09-08 Common Stock 250000 0 D Stock Option (Right to Buy) .36 2018-09-07 4 D 0 400000 D 2026-03-17 Common Stock 400000 0 D Stock Option (Right to Buy) .43 2018-09-07 4 D 0 300000 D 2024-02-07 Common Stock 300000 0 D Stock option granted on September 8, 2017 pursuant to Walker Innovation Inc. (formerly known as Patent Properties, Inc.) 2015 Long-term Incentive Plan in respect of 83,333 shares exercisable from and after September 8, 2018; 83,333 shares exercisable from and after September 8, 2019; and 83,334 shares exercisable from and after September 8, 2020. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on September 6, 2018 (the day immediately prior to the filing of the Company's Certificate of Dissolution with the State of Delaware), unvested options under this grant were vested in full and, on a date to be determined by the Company's Board of Directors, will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution. Stock option granted on March 17, 2016 pursuant to Walker Innovation Inc. (formerly known as Patent Properties, Inc.) 2015 Long-term Incentive Plan in respect of 100,000 shares exercisable from and after April 3, 2016 and 37,500 shares exercisable from and after each of May 3, June 3, July 3, August 3, September 3, October 3, November 3, and December 3, 2016. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on a date to be determined by the Company's Board of Directors, options under this grant will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution. Stock options granted pursuant to Amended and Restated 2006 Long-term Incentive plan in respect of 100,000 Shares exercisable from and after May 27, 2015; 100,000 Shares exercisable from and after May 27, 2016; and 100,000 Shares exercisable from and after May 27, 2017.. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on a date to be determined by the Company's Board of Directors, options under this grant will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution. /s/Kara B. Jenny 2018-09-07