4//SEC Filing
GREENWALD MARTIN W 4
Accession 0001078782-13-000222
CIK 0001379699other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 6:28 PM ET
Size
15.8 KB
Accession
0001078782-13-000222
Insider Transaction Report
Form 4
GREENWALD MARTIN W
DirectorChairman of the Board
Transactions
- Award
Common Stock
2013-01-21+300,000→ 5,800,000 total - Sale
Common Stock
2013-01-25$0.07/sh−145,000$10,730→ 5,655,000 total - Sale
Common Stock
2013-01-28$0.08/sh−25,000$2,108→ 5,930,000 total - Sale
Common Stock
2013-01-28$0.11/sh−87,900$9,397→ 5,842,100 total - Disposition to Issuer
Stock Options
2013-01-30−1,000,000→ 1,000,000 totalExercise: $0.45→ Common Stock (1,000,000 underlying) - Award
Stock Options
2013-01-30+1,000,000→ 1,000,000 totalExercise: $0.11→ Common Stock (1,000,000 underlying) - Award
Common Stock
2013-01-28+300,000→ 5,955,000 total
Footnotes (3)
- [F1]The shares were granted to the Reporting Person under the terms of the Company's 2013 Equity Incentive Plan as payment for compensation under the terms of the employment agreement with the Reporting Person. The shares were approved by the Board of Directors of the Company as required by Rule 16b-3(d).
- [F2]The stock options were granted to the reporting person on September 14, 2012. On January 30, 2013, these options were re-priced to an exercise price of $0.11.
- [F3]The stock options (i) vest quarterly over a period of one year from September 14, 2012, 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.
Documents
Issuer
Digital Development Group Corp
CIK 0001379699
Entity typeother
IncorporatedCA
Related Parties
1- filerCIK 0001007794
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 6:28 PM ET
- Size
- 15.8 KB