Martinez Miguel A JR 5/A
5/A · Enable Holdings, Inc. · Filed May 12, 2009
Insider Transaction Report
Form 5/AAmended
Martinez Miguel A JR
Chief Financial Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2008-03-18−75,000→ 0 totalExercise: $4.50Exp: 2015-12-29→ Common Stock (75,000 underlying) - Award
Employee Stock Option (right to buy)
2008-01-01+125,000→ 125,000 totalExercise: $0.75From: 2008-10-16Exp: 2018-01-01→ Common Stock (125,000 underlying) - Award
Common Stock
2008-03-18+25,000→ 69,081 total
Footnotes (3)
- [F1]On March 18, 2008, the issuer cancelled, pursuant to the issuer's Option to Exchange Program, an option granted to the reporting person on December 29, 2005. In exchange for the option, the reporting person received 25,000 shares of common stock.
- [F2]As originally granted, the option vested in four equal parts on each of 1/1/09, 1/1/10, 1/1/11 and 1/1/12. However, in connection with the issuance of finance warrants on 10/16/08 and 11/21/2008, a change of control provision was triggered in the option agreement that provided for accelerated vesting of all of the unvested options on that date.
- [F3]Original option (75,000 shares) is exercisable in four annual increments of 18,750 shares beginning December 29, 2006.