Welch Jerry R 4
4 · nFinanSe Inc. · Filed Mar 3, 2009
Insider Transaction Report
Form 4
nFinanSe Inc.NFSE
Welch Jerry R
Chief Executive Officer
Transactions
- Award
Stock Option (Right to Buy)
2009-02-23$1.00/sh+250,000$250,000→ 1,146,271 totalExercise: $1.00From: 2010-02-23Exp: 2019-02-23→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]These options vest as follows: 50,000 shares will become fully vested on the anniversary date of the grant and 50,000 options will vest ratably over the 12 months beginning March 31, 2010. Of the final 150,000 options, 75,000 shall vest on the first anniversary date of the grant and 75,000 shall vest ratably over the 12 months beginning March, 2010, under the provision that the Company posts positive EBITDA in any month prior to September 30, 2009.