Shepard Bruce 4
4 · LAS VEGAS GAMING INC · Filed Feb 11, 2009
Insider Transaction Report
Form 4
Shepard Bruce
Chief Financial Officer
Transactions
- Award
Option/Right to Buy
2008-10-07+35,000→ 35,000 totalExercise: $2.50Exp: 2013-10-06→ Common Stock Series A (35,000 underlying) - Award
Option/Right to Buy
2008-07-21+112,500→ 112,500 totalExercise: $2.50Exp: 2013-07-21→ Common Stock Series A (112,500 underlying) - Award
Options/Right to By
2008-07-21+112,500→ 112,500 totalExercise: $2.50Exp: 2013-07-21→ Common Stock Series A (112,500 underlying)
Holdings
- 58,999
Common Stock Series A
Footnotes (3)
- [F1]On October 7, 2008, Las Vegas Gaming, Inc. (the "Company") granted options to purchase 35,000 shares of the Company's Common Stock Series A at $2.50 per share to the reporting person for payment of deferred salary, advance and advance guarantee. The options vest 25% per year with the first 25% vesting 10/7/08.
- [F2]On July 21, 2008, the Company granted the reporting person qualified options to purchase 112,500 shares of the Company's Common Stock Series A at $2.50 per share as a performance bonus, pursuant to the Company's Stock Option Plan (2000). The options vest at a rate of 25% per year with the first 25% vesting 7/21/08.
- [F3]On July 21, 2008, the Company granted the reporting person non-qualified options to purchase 112,500 shares of the Company's Common Stock Series A at $2.50 per share as a performance bonus. The options vest at a rate of 25% per year with the first 25% vesting 7/21/08.