IPASS INC 4
4 · IPASS INC · Filed Jun 1, 2015
Insider Transaction Report
Form 4
IPASS INCIPAS
KARP RICHARD A
Director
Transactions
- Award
Stock Option (Right to Buy)
2015-05-28+30,000→ 30,000 totalExercise: $1.09Exp: 2025-05-27→ Common Stock (30,000 underlying) - Award
Common Stock
2015-05-28+10,000→ 210,000 total
Footnotes (2)
- [F1]One third of the shares will vest on each of the first, second and third anniversaries of the date of grant.
- [F2]The options vest in the amount of 10,000 shares on the first anniversary of the grant, with the remainder vesting in equal monthly installments over the subsequent 24 months.