Bretz Joe Q. 4
4 · Digital Development Group Corp · Filed Sep 18, 2012
Insider Transaction Report
Form 4
Bretz Joe Q.
DirectorPresident
Transactions
- Award
Stock Options
2012-09-14+1,000,000→ 1,000,000 totalExercise: $0.45→ Common Stock (1,000,000 underlying)
Footnotes (1)
- [F1]The stock options (i) vest quarterly over a period of one year, subject to the continued employment of the officer with the Company, and vest immediately upon a change of control of the Company; (ii) have a 10 year term (or 90 days after termination of employment); and (iii) allow the Reporting Person to cashless exercise the options.