0001600481-17-000012.txt : 20170320
0001600481-17-000012.hdr.sgml : 20170320
20170320162327
ACCESSION NUMBER: 0001600481-17-000012
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170320
FILED AS OF DATE: 20170320
DATE AS OF CHANGE: 20170320
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Siegel Jonathan
CENTRAL INDEX KEY: 0001600481
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33700
FILM NUMBER: 17701652
MAIL ADDRESS:
STREET 1: C/O PATENT PROPERTIES, INC.
STREET 2: TWO HIGH RIDGE PARK
CITY: STAMFORD
STATE: CT
ZIP: 06905
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2017-03-20
0001294649
WALKER INNOVATION INC.
WLKR
0001600481
Siegel Jonathan
WALKER INNOVATION INC.
TWO HIGH RIDGE PARK
STAMFORD
CT
06905
0
1
0
0
Chief Executive Officer
Stock Option (Right to Buy)
3.60
2014-02-14
4
D
0
425000
D
2024-02-14
Common Stock
425000
0
D
Stock Option (Right to Buy)
.43
2017-03-20
4
A
0
425000
A
2024-02-14
Common Stock
425000
425000
D
Stock Option (Right to Buy)
1.37
2015-03-20
4
D
0
75000
D
2025-03-20
Common Stock
75000
0
D
Stock Option (Right to Buy)
.43
2017-03-20
4
A
0
75000
A
2025-03-20
Common Stock
75000
75000
D
The transaction reported herein reflects a repricing of options (the "Repricing") that was approved by Walker Innovation Inc. stockholders on January 17, 2017. The stock options were originally granted to the reporting person February 14, 2014. As a result of the Repricing, such options now have a lower exercise price; other than the reduced exercise price, there have been no changes in the terms of such options. However, under Section 16 of the Securities Exchange Act of 1934 and the rules thereunder, a reduction in the exercise price of any option is treated as effectively canceling the old option and granting a new option as of the effective date of the repricing, and thus is being reported accordingly in this Form 4.
Stock option granted pursuant to the Walker Innovation Inc. (formerly known as Patent Properties, Inc.) 2015 Long-term Incentive Plan in respect of 141,666 shares exercisable from and after February 14, 2015; 141,667 shares exercisable from and after February 14, 2016; and 141,667 shares exercisable from and after February 14, 2017.
The transaction reported herein reflects a repricing of options (the "Repricing") that was approved by Walker Innovation Inc. stockholders on January 17, 2017. The stock options were originally granted to the reporting person March 20, 2015. As a result of the Repricing, such options now have a lower exercise price; other than the reduced exercise price, there have been no changes in the terms of such options. However, under Section 16 of the Securities Exchange Act of 1934 and the rules thereunder, a reduction in the exercise price of any option is treated as effectively canceling the old option and granting a new option as of the effective date of the repricing, and thus is being reported accordingly in this Form 4.
Stock option granted pursuant to the Walker Innovation Inc. (formerly known as Patent Properties, Inc.) 2015 Long-term Incentive Plan in respect of 25,000 shares exercisable from and after February 14, 2016; 25,000 shares exercisable from and after February 14, 2017; and 25,000 shares exercisable from and after February 14, 2018.
/s/Jonathan A. Siegel
2017-03-20