Britt Timothy P 4
4 · LAS VEGAS GAMING INC · Filed Feb 13, 2009
Insider Transaction Report
Form 4
Britt Timothy P
Director
Transactions
- Award
Warrants
2008-08-11+125,000→ 125,000 totalExercise: $2.50Exp: 2013-08-10→ Common Stock Series A (125,000 underlying) - Award
Options/Right to Buy
2008-03-31+125,000→ 125,000 totalExercise: $5.00Exp: 2013-03-31→ Common Stock Series A (125,000 underlying) - Award
Options/Right to Buy
2008-03-31+125,000→ 125,000 totalExercise: $5.00Exp: 2013-03-31→ Common Stock Series A (125,000 underlying)
Footnotes (3)
- [F1]On August 11, 2008, Las Vegas Gaming, Inc. (the "Company") issued the reorting person warrants to purchase 125,000 shares of the Company's Common Stock Series A at $2.50 per share as a bonus. The warrants vest at a rate of 25% per year with the first 25% vesting 8/11/08.
- [F2]On March 31, 2008, the Company granted the reporting person qualified options to purchase 125,000 shares of the Company's Common Stock Series A at $5 per share as a signing 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 3/31/08.
- [F3]On March 31, 2008, the Company granted the reporting person non-qualified options to purchase 125,000 shares of the Company's Common Stock Series A at $5 per share as a signing bonus. The options vest at a rate of 25% per year with the first 25% vesting 3/31/08.