Joshua R. Disbrow, Rosewind CORP's Chief Executive Officer and a director of the company, has just filed an initial statement of beneficial ownership where 630,194 shares of Rosewind CORP were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Disbrow. Disbrow operates out of Englewood, CO. Some additional info was provided as follows:
Of these shares, 190,000 are restricted shares that vest on July 7, 2026, subject to earlier vesting in certain situations.
33.3% vests on November 11, 2016, 33.3% vests on November 11, 2017 and 33.4% vests on November 11, 2018, subject to the Grantee's continued service as an employee on such dates.
33.3% vests on July 7, 2017, 33.3% vests on July 7, 2018
and 33.4% on July 7, 2019, subject to the Grantee's continued service as an employee on such dates.
These four transactions involved an amendment of the exercise price of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following: