Keber Vincent 4
4 · MassRoots, Inc. · Filed Sep 12, 2017
Insider Transaction Report
Form 4
MassRoots, Inc.MSRT
Keber Vincent
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001
2017-09-06+394,858→ 1,144,858 total - Exercise of In-Money
Option
2017-09-06−443,214→ 306,786 totalExercise: $0.10From: 2014-10-01Exp: 2024-06-04→ Common Stock, par value $0.001 (750,000 underlying)
Footnotes (2)
- [F1]The 394,858 shares of MassRoots Inc.'s (the "Company's") common stock were issued upon a cashless exercise of 443,214 shares pursuant to a Stock Option Agreement, dated June 4, 2014, relating to options to purchase up to 750,000 shares of the Company's common stock at $0.10 per share (the "Option Agreement"). The Option Agreement was issued pursuant to the Company's 2014 Stock Incentive Plan.
- [F2]The number of securities reported as beneficially owned following the reported transaction in Table 1, column 5 includes 250,000 shares of the Company's common stock held by Dixie Holdings LLC, which is controlled by Mr. Keber.