0001600481-18-000004.txt : 20180907
0001600481-18-000004.hdr.sgml : 20180907
20180907114710
ACCESSION NUMBER: 0001600481-18-000004
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: Siegel Jonathan
CENTRAL INDEX KEY: 0001600481
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33700
FILM NUMBER: 181059300
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
0001600481
Siegel Jonathan
WALKER INNOVATION INC.
TWO HIGH RIDGE PARK
STAMFORD
CT
06905
1
1
0
0
Chief Executive Officer
Stock Option (right to buy)
.26
2018-09-06
4
A
0
200000
A
2026-05-12
Common Stock
200000
200000
D
Stock Option (rignt to buy)
.26
2018-09-07
4
D
0
200000
D
2026-05-12
Common Stock
200000
0
D
Stock Option (right to buy)
.43
2018-09-06
4
A
0
150000
A
2027-02-10
Common Stock
150000
150000
D
Stock Option (rignt to buy)
.43
2018-09-07
4
D
0
150000
D
2027-02-10
Common Stock
150000
0
D
Stock Option (right to buy)
.43
2018-09-07
4
D
0
425000
D
2024-02-14
Common Stock
425000
0
D
Stock Option (right to buy)
.43
2018-09-07
4
D
0
75000
D
2025-03-20
Common Stock
75000
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
100000
D
2027-02-10
Common Stock
100000
0
D
Stock option granted on May 12, 2016 pursuant to Walker Innovation Inc. 2015 Long-term Incentive Plan in respect of 16,666 shares exercisable from and after each of August 12, 2016; November 12, 2016; February 12, 2017; May 12, 2017; August 12, 2017; November 12, 2017; February 12, 2018; May 12, 2018; August 12, 2018; November 12, 2018; and February 12, 2019; and 16,674 shares exercisable from and after May 12, 2019. 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 February 10, 2017 pursuant to Walker Innovation Inc. 2015 Long-term Incentive Plan in respect of 50,000 shares exercisable from and after each of February 3, 2018; February 3, 2019; and February 3, 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 options granted pursuant to Amended and Restated 2006 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. 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 option granted pursuant to Walker Innovation Inc. 2015 Long-term Incentive Plan in respect of 25,000 shares exercisable from and after February 14, 2016; 25,000 shares from and after February 14, 2017; and 25,000 shares from and after February 14, 2018. 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 option granted on March 17, 2016 pursuant to Walker Innovation 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 option granted on February 10, 2017 pursuant to Walker Innovation Inc. 2015 Long-term Incentive Plan in respect of 8,333 shares exercisable from and after each of March 3, 2017; April 3, 2017; May 3, 2017; June 3, 2017; July 3, 2017; August 3, 2017; September 3, 2017; October 3, 2017; November 3, 2017; December 3, 2017; and January 3, 2018; and 8,337 shares exercisable from and after February 3, 2018. 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/Jonathan A. Siegel
2018-09-07