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4//SEC Filing

KREINBERG JOSHUA 4

Accession 0000898432-09-000018

CIK 0001314475other

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 4:40 PM ET

Size

13.6 KB

Accession

0000898432-09-000018

Insider Transaction Report

Form 4
Period: 2009-01-05
KREINBERG JOSHUA
Gen. Counsel & Corp. Secretary
Transactions
  • Award

    Employee Share Option (right to buy)

    2009-01-05+190,000190,000 total
    Exercise: $3.00Exp: 2016-01-05Common Stock (190,000 underlying)
  • Disposition to Issuer

    Employee Share Option (right to buy)

    2009-01-05100,0000 total
    Exercise: $6.40Exp: 2013-04-06Common Stock (100,000 underlying)
  • Disposition to Issuer

    Employee Share Option (right to buy)

    2009-01-0570,0000 total
    Exercise: $5.35Exp: 2014-07-02Common Stock (70,000 underlying)
  • Disposition to Issuer

    Employee Share Option (right to buy)

    2009-01-0520,0000 total
    Exercise: $5.27Exp: 2014-02-05Common Stock (20,000 underlying)
Footnotes (8)
  • [F1]The option vested 25% on April 6, 2007 and 6.25% quarterly thereafter.
  • [F2]On January 5, 2009 (the "Grant Date"), the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on April 6, 2006. In exchange, the reporting person received a replacement option on the Grant Date, for the same number of shares, having an exercise price of $3.00 per share.
  • [F3]The option vests 6.25% quarterly from January 1, 2007.
  • [F4]On January 5, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on February 5, 2007. In exchange, the reporting person received a replacement option on the Grant Date, for the same number of shares, having an exercise price of $3.00 per share.
  • [F5]The option provided for 25% of the options to vest on April 1, 2008 and 6.25% quarterly, thereafter.
  • [F6]On January 5, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on July 2, 2008. In exchange, the reporting person received a replacement option on the Grant Date, for the same number of shares, having an exercise price of $3.00 per share.
  • [F7]80,133 of the options will vest on January 5, 2010 and the remaining options will vest monthly in equal installments until four (4) years after the Grant Date.
  • [F8]On January 5, 2009, the issuer canceled, pursuant to the issuer's option exchange program, options previously granted to the reporting person as described in footnotes (2), (4) and (6) above. In exchange, the reporting person received replacement options on the Grant Date, for the same number of shares cancelled in the aggregate, having an exercise price of $3.00 per share.

Issuer

SPARK NETWORKS INC

CIK 0001314475

Entity typeother

Related Parties

1
  • filerCIK 0001392262

Filing Metadata

Form type
4
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 4:40 PM ET
Size
13.6 KB