Merhi Joseph 4
4 · PUBLIC MEDIA WORKS INC · Filed Mar 16, 2011
Insider Transaction Report
Form 4
PUBLIC MEDIA WORKS INCPUBM.OB
Merhi Joseph
Director
Transactions
- Award
Stock Options (right to buy)
2011-03-07+200,000→ 400,000 totalExercise: $0.55→ Common Stock (200,000 underlying) - Purchase
Common Stock
2011-03-07+100,000→ 120,000 total - Other
Stock Options (right to buy)
2011-03-07+200,000→ 200,000 totalExercise: $0.55→ Common Stock (200,000 underlying)
Footnotes (4)
- [F1]Reporting Person purchased the shares for $3,000 in a private transaction.
- [F2]Previously granted options dated 11/23/2010 re-priced to $0.55 per share.
- [F3]Previously granted options dated 11/23/2010 also permits cashless exercise and extended exercise of options within 36 months after termination of service.
- [F4]The options shall vest quarterly over one (1) year. No cashless exercise. Optionee may exercise the option within 90 days after service.