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Filing Details

Accession Number:: 0001192482-17-000314
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-12-15 17:19:10
Reporting Period:: 2017-12-13

Accepted Time:: 2017-12-15 17:19:10
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1157817	Sito Mobile Ltd.	SITO	Services-Business Services, Nec (7389)	134122844

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1708955	Thomas Pallack	C/O Sito Mobile, Ltd. 100 Town Square Place, Suite 204 Jersey City NJ 07301	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-12-13	13,900	$6.62	1,041,950	No	4	P	Direct
Common Stock	Acquisiton	2017-12-14	17,100	$6.99	1,059,050	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Footnotes

The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2017.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.35 to $6.87, inclusive. The reporting person undertakes to provide to SITO Mobile, Ltd. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.90 to $7.14, inclusive.
Includes 1,028,050 restricted stock units ("RSU"), each of which represents the contingent right to receive one share of the Issuer's common stock. Such RSUs will vest with respect to (A) 20% of such RSUs in the event the average closing price of the Issuer common stock is at least $7.00 per share for 65 consecutive trading days, (B) an additional 30% of such RSUs in the event the average closing price of the Issuer's common stock is at least $10.00 per share for 65 consecutive trading days and (C) the remaining 50% of such RSUs in the event the average closing price of the Issuer's common stock is at least $15.00 per share for 65 consecutive trading days. RSUs may be settled in common stock or cash, at the election of the Issuer.