KRIKOV NIV 4
4 · XFONE INC. · Filed Nov 4, 2011
Insider Transaction Report
Form 4
XFONE INC.XFN
KRIKOV NIV
CFO
Transactions
- Purchase
Common Stock Option
2011-11-02+391,212→ 791,212 totalExercise: $1.10From: 2011-11-02Exp: 2018-11-02→ Common Stock (391,212 underlying)
Footnotes (2)
- [F1]The option to purchase 391,212 shares of the Company's common stock was granted under and subject to the Company's 2007 Stock Incentive Plan and pursuant to the Company's rights offering.
- [F2]The options will vest as to 37.5% of the underlying shares on the date of grant. The remaining 62.5% of the options shall vest in quarterly installments of 6.25% as of November 14, 2011. In the event of a change of control of Xfone, Inc., any unvested and outstanding portion of the options shall immediately and fully vest.