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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN 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. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units ("RSUs") | $ 0 (1) | 11/02/2020 | A | 2,535,064 | (2) | (2) | Common Stock, par value $0.001 per share ("Common Stock") | 2,535,064 | $ 0 | 2,535,064 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Egeck Michael R. 2005 EAST INDIAN SCHOOL ROAD PHOENIX, AZ 85016 |
X | Chief Executive Officer. |
/s/ Brad A. Gazaway, as Attorney-in-Fact for Michael R. Egeck | 11/04/2020 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock. |
(2) | The RSUs will vest as follows, subject to Mr. Egeck's continuous employment or service with the Issuer or an affiliate until the applicable vesting date: (a) 1,438,821 of the RSUs will vest in equal one-seventh (1/7th) installments on each of the first seven (7) six (6)-month anniversaries of August 4, 2020; and (b) 1,096,243 of the RSUs will vest if, and only if, the volume weighted average trading price of a share of the Issuer's Common Stock equals $10.71 at the end of any rolling twenty (20)-day trading period commencing on or after May 2, 2021. |