Osterwalder Jenifer Lyn 4
4 · SPECTRAL CAPITAL Corp · Filed Jun 28, 2024
Insider Transaction Report
Form 4
Osterwalder Jenifer Lyn
DirectorPresident/CEO10% Owner
Transactions
- Conversion
Common Stock
2024-04-22$0.09/sh+68,311$6,148→ 69,371 total - Award
Stock Options (Right to Buy)
2024-06-12+3,000,000→ 3,000,000 totalExercise: $0.43Exp: 2034-06-12→ Common Stock (250,000 underlying)
Footnotes (1)
- [F2]On June 12, 2024 ("Grant Date"), the Company granted the Reporting Person the ability to acquire one hundred twenty-five thousand (125,000) options (the "Options") each month or an aggregate of three million (3,000,000) Options over 24 months. The Options vest monthly on their respective grant date and may be exercised in whole or in part into shares of the Common Stock at the price of $.43 per share for a period of ten (10) years from each Grant Date. The terms of the Options are set forth in the Option Agreement dated June 12, 2024, which is attached as an Exhibit to the Company's Form 8-K filed with the Securities and Exchange Commission on June 17, 2024. The amount reflected includes Options that may be acquired in 60 days from the date hereof.