HEMANN JEREMY WARREN 4
4 · YTB International, Inc. · Filed Mar 8, 2011
Insider Transaction Report
Form 4
YTB International, Inc.YTBLA.PK
HEMANN JEREMY WARREN
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2011-03-01+100,000→ 100,000 totalExercise: $0.04Exp: 2016-03-01→ Class A Common Stock (100,000 underlying)
Footnotes (2)
- [F1]The option vests in three equal annual installments beginning on March 1, 2012.
- [F2]The issuer has two classes of common stock, Class A Common Stock and Class B Common Stock. The two classes of common stock are identical in all respects except as to voting power, as shares of Class A Common Stock are entitled to one-tenth vote per share, and shares of Class B Common Stock, one vote per share, on all matters submitted to a vote of the issuer's stockholders. Because shares of Class B Common Stock automatically convert into Class A Common Stock on a one-for-one basis upon sale or other disposition (with the exception of transfers among related entities, transfers to trusts for the benefit of the transferring holder of the Class B Common Stock, bona fide pledges under financing arrangements and similar transfers), the reporting person has included Class B Common Stock in calculating and reporting the total number of shares of Class A Common Stock that he holds or that he has acquired or disposed of throughout this Form 4.