SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL 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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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 08/27/2018 | 3. Issuer Name and Ticker or Trading Symbol LIGHTBRIDGE Corp [ LTBR ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 10,000 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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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: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Options (right to buy) | (1) | 05/05/2019 | Common Stock | 5,812 | 12.75 | D | |
Employee Stock Options (right to buy) | (2) | 04/08/2025 | Common Stock | 13,234 | 6.3 | D | |
Employee Stock Options (right to buy) | (3) | 08/12/2025 | Common Stock | 2,764 | 6.3 | D | |
Employee Stock Options (right to buy) | (4) | 11/20/2025 | Common Stock | 65,374 | 4.6 | D | |
Employee Stock Options (right to buy) | (5) | 11/09/2026 | Common Stock | 53,617 | 1.54 | D | |
Employee Stock Options (right to buy) | (6) | 10/26/2027 | Common Stock | 165,401 | 1.05 | D | |
Employee Stock Options (right to buy) | (7) | 08/08/2028 | Common Stock | 195,368 | 0.9 | D |
Explanation of Responses: |
1. The option was subject to a three-year vesting schedule, with one-third vesting on each anniversary of May 5, 2014. |
2. A portion of the option was subject to a three-year vesting schedule, with one-third vesting on each anniversary of April 8, 2015, and a portion was subject to shareholder approval. |
3. A portion of the option was subject to a three-year vesting schedule, with one-third vesting on each anniversary of August 12, 2015. |
4. A portion of the option, relating to 48,167 shares of common stock, is subject to a three-year vesting schedule, with one-third vesting on each anniversary of November 20, 2015. The remaining portion of the option, relating to 17,207 shares of common stock, was fully vested upon grant. |
5. A portion of the option was subject to shareholder approval. |
6. Portions of the option were subject to the attainment of specified milestones and shareholder approval. |
7. The option is subject to a three-year vesting schedule, with one-third vesting on each anniversary of August 8, 2018. The option may vest earlier should defined milestones be achieved prior to December 31, 2019. |
Remarks: |
/s/ Larry Goldman | 08/29/2018 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |