KOLKE DANIEL J.A. 4
4 · ETELOS, INC. · Filed Oct 6, 2009
Insider Transaction Report
Form 4
ETELOS, INC.ETLO
KOLKE DANIEL J.A.
DirectorCEO AND CTO
Transactions
- Sale
Common Stock
2009-10-02$0.32/sh−240,000$76,800→ 260,629 total - Award
Stock Options (Right to Buy)
2009-10-02+1,700,000→ 1,700,000 totalExercise: $0.51From: 2009-10-02Exp: 2019-10-02→ Common Stock (1,700,000 underlying)
Holdings
- 73,585(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.30 to $0.40, inclusive. The reporting person undertakes to provide to Etelos, Inc., any security holder of Etelos, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]1/4 of the shares subject to the option vests immediately, ? of the shares subject to the option vests on the one year anniversary of the date of grant, and 1/36 of the shares subject to the option vests each month thereafter until fully vested.