4//SEC Filing
HICKOCK CLARK H 4
Accession 0001019687-12-002078
CIK 0001092492other
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 4:47 PM ET
Size
7.8 KB
Accession
0001019687-12-002078
Insider Transaction Report
Form 4
AXESSTEL INCAXST
HICKOCK CLARK H
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-06-06−25,000→ 75,000 totalExercise: $0.66Exp: 2022-05-16→ Common Stock (25,000 underlying) - Disposition to Issuer
Common Stock
2012-06-06−21,250→ 663,750 total
Footnotes (3)
- [F1]The Reporting Person voluntarily returned these shares to the issuer, which were previously awarded to the Reporting Person as a restricted stock grant. Such shares were returned to the issuer and were awarded to other employees of the issuer in the form of restricted stock grants.
- [F2]Represents a portion of an option that was cancelled by mutual agreement of the Reporting Person and the issuer. The reporting person received no consideration for the cancellation. The option was originally granted on May 16, 2012 and covered 100,000 shares. The shares represented by the portion of the option that was cancelled were awarded to other employees of the issuer in the form of employee stock options.
- [F3]1/3 of the shares subject to the option vests on May 16th 2013, and 1/12 of the shares subject to the option vests each quarter thereafter until the option is fully vested.
Documents
Issuer
AXESSTEL INC
CIK 0001092492
Entity typeother
Related Parties
1- filerCIK 0001186910
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 4:47 PM ET
- Size
- 7.8 KB