Piper Scott A 4
4 · NEW FRONTIER MEDIA INC · Filed Nov 30, 2012
Insider Transaction Report
Form 4
Piper Scott A
Chief Information Officer
Transactions
- Disposition to Issuer
Incentive Stock Option (right to buy)
2012-11-28−35,000→ 0 totalExercise: $2.04Exp: 2021-04-01→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]These options, 33% of which vested on April 1, 2012, 33% of which were scheduled to vest on April 1, 2013, and 34% of which were scheduled to vest on April 1, 2014, were cancelled in the merger recently completed by the Company for a cash payment of $1,000, representing the difference between the exercise price of the options and the total consideration paid in the merger ($2.06 per share).