Bauer Roy A. 4
4 · Digitiliti Inc · Filed Feb 23, 2010
Insider Transaction Report
Form 4
Digitiliti Incdigi.pk
BAUER ROY
DirectorPresident
Transactions
- Award
Warrants
2009-10-31$0.20/sh+500,000$100,000→ 500,000 totalExercise: $0.20From: 2009-10-31Exp: 2014-10-31→ Common Stock (500,000 underlying) - Award
Common Stock
2009-12-31$0.20/sh+109,374$21,875→ 656,249 total - Award
Common Stock
2009-09-30$0.20/sh+546,875$109,375→ 546,875 total
Holdings
- 225,000
Options
Exercise: $0.39From: 2009-02-06Exp: 2019-02-06→ Common Stock (225,000 underlying)
Footnotes (4)
- [F1]These shares were acquired in lieu of cash reflecting the payment of $109,375.05 in accrued wages due to Mr. Bauer by the Company as of September 30, 2009.
- [F2]These shares were acquired in lieu of cash reflecting the payment of $21,847.80 in accrued wages due to Mr. Bauer by the Company for the months of October, November and December, 2009.
- [F3]On October 30, 2009, the Board of Directors approved that Mr. Bauer be given a signing bonus of 500,000 Warrants at $0.20 per Warrant effective February 9, 2009.
- [F4]On February 6, 2009, the Board of Directors of the Company granted Mr. Bauer the option to acquire 225,000 shares, with a three year vesting, at an exercise price of $0.385 per share, with a ten year term, as previously reported.