VERTICAL BRANDING, INC. 4
4 · VERTICAL BRANDING, INC. · Filed May 20, 2008
Insider Transaction Report
Form 4
PEARSON ROBERT C
Director
Transactions
- Award
Stock Option (Right to Buy)
2008-05-19+15,000→ 15,000 total(indirect: Shares are held by Renaissance Capital Growth & Income Fund III, Inc)Exercise: $0.37From: 2008-06-19Exp: 2018-05-19→ Common Stock (15,000 underlying) - Award
Stock Option (Right to Buy)
2008-05-19+45,000→ 45,000 total(indirect: Shares are held by RENN Capital Group, Inc.)Exercise: $0.37From: 2008-06-19Exp: 2018-05-19→ Common Stock (45,000 underlying)
Footnotes (4)
- [F1]These options vest over 36 equal installments on the 19th of each month with the first installment vesting on June 19, 2008.
- [F2]Represents securities granted to the reporting person and the rights thereunder have been assigned to Renaissance Capital Growth & Income Fund III, Inc. ("the Fund").
- [F3]Reporting Person is an executive officer of the Fund and Group, its investment adviser, and may therefore be considered a beneficial owner of such shares. Reporting Person disclaims such beneficial ownership.
- [F4]Represents securities granted to the reporting person and the rights thereunder have been assigned to RENN Capital Group, Inc.("Group").