3PEA INTERNATIONAL, INC. 4
4 · 3PEA INTERNATIONAL, INC. · Filed Jun 30, 2015
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2015-06-29+1,000,000→ 2,000,000 total - Conversion
Stock Grant
2015-06-29−1,000,000→ 0 total→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]Not applicable
- [F2]Not applicable
- [F3]On August 13, 2012, the company granted Christopher Newcomer One million shares of common stock with a value of $136,000. The stock grant vested in equal amounts over a five year period on the last day of each calendar quarter if Mr. Newcomer still employed by the company at that time. On November 19, 2014, the board of directors waived all vesting requirements relating to the shares, and all unvested shares became fully vested as of December 31, 2014.