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