RICCIARDI RONALD J 4
4 · Saker Aviation Services, Inc. · Filed Oct 28, 2010
Insider Transaction Report
Form 4
RICCIARDI RONALD J
DirectorPresident and CEO
Transactions
- Award
Employee Stock Option (right to buy)
2010-10-21+500,000→ 500,000 totalExercise: $0.03From: 2015-10-21Exp: 2020-10-21→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]The option vests in full on October 21, 2015 unless Saker Aviation Services, Inc. terminates Mr. Ricciardi's employment agreement after the initial three year term; which, in such case, 300,000 shares of the option will vest and the remaining 200,000 shares will be forfeited.