IPASS INC 4
4 · IPASS INC · Filed Feb 26, 2015
Insider Transaction Report
Form 4
IPASS INCIPAS
Hume Patricia
Chief Commercial Officer
Transactions
- Award
Common Stock
2015-02-23+200,000→ 200,000 total - Award
Stock Option (Right to Buy)
2015-02-23+400,000→ 400,000 totalExercise: $0.90Exp: 2015-02-23→ Common Stock (400,000 underlying) - Purchase
Common Stock
2015-02-23$0.92/sh+10,000$9,200→ 210,000 total
Footnotes (2)
- [F1]Shares are subject to a right of repurchase in the event certain performance metrics are not met.
- [F2]Twenty-five percent (25%) of the Option vests on February 23, 2016; the balance of the Option vests in a series of thirty-six (36) successive equal monthly installments thereafter.