LORSCH ROBERT H 4
4 · MMRGlobal, Inc. · Filed Mar 25, 2011
Insider Transaction Report
Form 4
MMRGlobal, Inc.MMRF
LORSCH ROBERT H
DirectorChairman, CEO & President10% Owner
Transactions
- Exercise/Conversion
Common Stock
2011-03-25$0.13/sh+20,000$2,500→ 5,598,754 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-03-25−20,000→ 8,460,000 totalExercise: $0.13From: 2009-01-27Exp: 2019-08-06→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Exercise price paid as a reduction in related party payable.
- [F2]Option granted by the Board of Directors on August 6, 2009 pursuant to employment agreement dated January 27, 2009. Of the shares subject to the option, an initial 3,000,000 were vested immediately as of January 27, 2009; 3,000,000 additional shares vested on January 27, 2010; and 3,000,000 additional shares vested on January 27, 2011.