Home/Filings/4/0000926274-11-000005
4//SEC Filing

MOBLEY PAUL W 4

Accession 0000926274-11-000005

CIK 0000709005other

Filed

Jan 26, 7:00 PM ET

Accepted

Jan 27, 4:37 PM ET

Size

10.1 KB

Accession

0000926274-11-000005

Insider Transaction Report

Form 4
Period: 2011-01-25
MOBLEY PAUL W
DirectorChairman and CEO10% Owner
Transactions
  • Disposition to Issuer

    Warrant

    2011-01-25$1.05/sh1$10 total
    Exercise: $0.93From: 2004-01-07Exp: 2011-06-30Common Stock (600,000 underlying)
  • Award

    Stock Option

    2011-01-25$1.05/sh+1$11,000,000 total
    Exercise: $1.05From: 2011-01-25Exp: 2021-01-25Common Stock (1,000,000 underlying)
  • Disposition to Issuer

    Warrant

    2011-01-25$1.05/sh1$10 total
    Exercise: $0.93From: 2005-01-24Exp: 2011-01-24Common Stock (300,000 underlying)
Footnotes (1)
  • [F1]The terms of the stock option grant are the portion of the grant representing the computed value of the option equal to the salary voluntarily surrendered vests immediately with the remaining options vesting the earlier of (i) 1/3 in each of years one, two and three or (ii) 25% when the stock price reaches $2.00 per share, another 25% when the stock price reaches $3.00 per share and the balance when the stock price reaches $4.00 per share. Since the computed value of the option was less than salary surrendered, the option all vested immediately.

Issuer

NOBLE ROMANS INC

CIK 0000709005

Entity typeother

Related Parties

1
  • filerCIK 0001193901

Filing Metadata

Form type
4
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 4:37 PM ET
Size
10.1 KB