UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Warrant (Right to Buy) | (1) | 04/06/2023 | Common Stock | 110,000 (1) | $ 2 | D | |
Warrant (Right to Buy) | (2) | 04/06/2023 | Common Stock | 165,000 (2) | $ 2 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Howse Michael C/O SUMMIT SEMICONDUCTOR, INC. 6840 VIA DEL ORO STE. 280 SAN JOSE, CA 95119 |
X |
/s/ Michael Howse | 07/30/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes warrants to purchase 36,667 shares of common stock that are fully vested as well as warrants to purchase 73,333 shares of common stock which vest in equal monthly installments over the next 6 months. Such warrants have a five-year life. |
(2) | The amount reported represents an unvested warrant to purchase 165,000 shares of common stock that will vest upon the achievement of certain milestones and has a five-year life. |