Dong Steven 4
4 · DigitalPost Interactive, Inc. · Filed Nov 3, 2009
Insider Transaction Report
Form 4
Dong Steven
CFO
Transactions
- Award
Option to purchase $.001 par value common stock
2009-11-02+2,250,000→ 5,509,755 totalExercise: $0.05Exp: 2014-11-02→ $.001 par value common stock (2,250,000 underlying)
Footnotes (1)
- [F1]5,509,755 includes previously granted options to purchase 980,985 shares of common stock granted to a consulting firm owned by Mr. Dong from when Mr. Dong was a consultant of the Company prior to his employment. It also includes 171,170 shares of common stock underlying warrants and approximately 365,260 shares of common stock underlying a convertible note purchased by Mr. Dong pursuant to a convertible note offering by the Company in October 2007. The option to purchase 2,250,000 shares vests every nine months over the next three years commencing on November 2, 2009.