Glassman Nicholas A 4
4 · NTN BUZZTIME INC · Filed May 11, 2010
Insider Transaction Report
Form 4
Glassman Nicholas A
EVP of Product and Technology
Transactions
- Award
Stock Option (Right to Buy)
2010-05-10+175,000→ 350,000 totalExercise: $0.64From: 2011-05-10Exp: 2020-05-09→ Common Stock (175,000 underlying)
Footnotes (1)
- [F1]Stock option granted under the NTN Buzztime, Inc. 2010 Performance Incentive Plan (the "2010 Plan"), which was adopted by the Company's Board of Directors on February 4, 2010 and is subject to shareholder approval at the Company's 2010 annual meeting of stockholders. The stock option shall vest and become exercisable at the rate of 25% of the shares underlying the option on the first anniversary of the option grant date and the remaining 75% of the total number of shares of common stock shall become vested and exercisable in a series of 36 substantially equal monthly installments thereafter. If the shareholders do not approve the 2010 Plan within one year of the adoption date, or by February 3, 2011, this stock option will be forfeited.