Dong Steven 4
4 · DigitalPost Interactive, Inc. · Filed Mar 31, 2010
Insider Transaction Report
Form 4
Dong Steven
CFO
Transactions
- Award
Option to purchase $.001 par value common stock
2010-03-29+3,000,000→ 8,706,995 totalExercise: $0.05Exp: 2015-03-29→ $.001 par value common stock (3,000,000 underlying)
Footnotes (1)
- [F1]8,706,955 includes: (i) 288,510 shares of common stock underlying warrants and 562,500 shares of common stock underlying a convertible note purchased by Mr. Dong pursuant to a convertible note offering by the Company in October 2007, and, (ii) previously granted options to purchase 980,985 shares of comon stock granted to a consulting firm owned by Mr. Dong from when Mr. Dong was a consultant of the Company prior to his employment. The option to purchase 3,000,000 common shares vests every nine months commencing on March 29, 2010.