DESTINY MEDIA TECHNOLOGIES INC 4
4 · DESTINY MEDIA TECHNOLOGIES INC · Filed Jul 21, 2015
Insider Transaction Report
Form 4
VESTERGAARD STEVE
DirectorPresident & CEO10% Owner
Transactions
- Award
Stock Option (Right to Buy)
2015-06-25+400,000→ 400,000 totalExercise: $0.40→ Common Stock (400,000 underlying)
Footnotes (2)
- [F1]Exercise of the 400,000 options is subject to equal monthly vesting over two years commencing June 25, 2015, with a total of 16,667 of each stock option becoming exercisable on the 25th day of each month beginning June 25, 2015 and ending May 25, 2017.
- [F2]Expiration date is subject to two years from above the particular vesting date.