OLIVER MARK A 4
4 · MIDWEST HOLDING INC. · Filed Aug 4, 2020
Insider Transaction Report
Form 4
OLIVER MARK A
DirectorSecretary/Treasurer
Transactions
- Award
Stock Option (right to buy)
2020-07-31+1,350,000→ 1,350,000 totalExercise: $0.05Exp: 2030-07-31→ Voting Common Stock (1,350,000 underlying)
Holdings
- 251,191
Voting Common Stock
- 2,000,000
Stock Option (right to buy)
Exercise: $0.05Exp: 2029-07-17→ Voting Common Stock (2,000,000 underlying) - 1,000,000
Non-Qualified Stock Option (right to buy)
Exercise: $0.05Exp: 2029-07-17→ Voting Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]Incentive Stock Options granted under the Company's 2019 Long-Term Incentive Plan. Shares vest as follows: (i) 675,000 Options shall vest on July 31, 2022, and (ii) 675,000 Options shall vest on July 31, 2024, in each case subject to the Reporting Person's continued service to the Company.
- [F2]Vests in two increments on the second and fourth anniversary dates from the date of grant.