TINTER ARNOLD 5
5 · SPICY PICKLE FRANCHISING INC · Filed Feb 16, 2010
Insider Transaction Report
Form 5
Transactions
- Other
Stock Options
2008-03-17+200,000→ 200,000 totalExercise: $0.20From: 2008-09-17Exp: 2013-03-17→ Common Stock (200,000 underlying)
Holdings
- 500,000
Stock Options
Exercise: $0.20From: 2007-06-14Exp: 2012-12-14→ Common Stock (500,000 underlying) - 200,000
Stock Options
Exercise: $0.20Exp: 2012-01-25→ Common Stock (200,000 underlying) - 400,000
Stock Options
Exercise: $0.20From: 2007-09-20Exp: 2012-09-20→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]On January 25, 2007 the Reporting Person was granted an incentive stock option under the Issuer's 2006 Option Plan to purchase 200,000 shares of common stock originally at an exercise price of $0.25 per share. The option is exercisable as to (i) 50,000 shares immediately upon the date of grant; (ii) 75,000 on the first anniversary of the date of grant and (iii) 75,000 shares on the second anniversary of the date of the grant and will expire 5 years from the date of grant.
- [F2]The price of all options was reset to $0.20 on September 8, 2009.
- [F3]On March 17, 2008, the Reporting Person was granted an incentive stock option under the Issuer's 2006 Option Plan to purchase 200,000 shares of common stock at an exercise price of $0.20 per share. The option is exercisable in its entirety six months from the date of the grant and will expire 5 years from the date of the grant.