SECURE ALLIANCE HOLDINGS CORP 4
4 · SECURE ALLIANCE HOLDINGS CORP · Filed Mar 23, 2007
Insider Transaction Report
Form 4
GRIGGS STEPHEN P
DirectorPresident and COO
Transactions
- Award
Stock Option (Right to Buy)
2007-03-21+950,000→ 950,000 totalExercise: $0.62Exp: 2017-03-21→ Common Stock, par value $.01 per share (950,000 underlying)
Footnotes (1)
- [F1]34% of the options vest on the first anniversary of the date of the grant, 33% of the options vest on the second anniversary of the date of the grant and the remaining 33% of the options vest on the third anniversary of the date of the grant. In addition, 100% of the options vest upon a change of control.