Filing Details

Accession Number:
0001615774-17-002766
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-26 17:02:14
Reporting Period:
2016-05-20
Filing Date:
2017-05-26
Accepted Time:
2017-05-26 17:02:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
12239 Spherix Inc SPEX Patent Owners & Lessors (6794) 520849320
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1538372 Anthony Hayes One Rockefeller Plaza
11Th Floor
New York NY 10020
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $.0001 Par Value Per Share Acquisiton 2016-05-20 118,512 $0.00 119,726 No 4 A Direct
Common Stock, $.0001 Par Value Per Share Disposition 2016-12-31 59,256 $0.00 60,470 No 4 D Direct
Common Stock, $.0001 Par Value Per Share Disposition 2017-03-14 23,287 $1.11 37,183 No 4 F Direct
Common Stock, $.0001 Par Value Per Share Acquisiton 2017-05-26 2,000 $0.97 41,183 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 D Direct
No 4 F Direct
No 4 P Direct
Footnotes
  1. On May 20, 2016, the Reporting Person was granted 118,512 restricted stock units ("RSUs") under the Spherix Incorporated (the "Company") 2014 Equity Incentive Plan, of which 59,256 RSUs vested on December 31, 2016.
  2. As of December 31, 2016, 59,256 RSUs were forfeited.
  3. On March 14, 2017, 35,969 RSUs were delivered to the Reporting Person. 23,287 shares of common stock were withheld (at the closing price of the Company's common stock on the NASDAQ Capital Market on March 14, 2017) to satisfy the tax obligation relating to the vesting of the RSUs pursuant to Section 16b-3 under the Securities Exchange Act of 1934, as amended.