Welch Jerry R 4

Accession 0001140361-10-029970

CIK 0001120792other

Filed

Jul 21, 8:00 PM ET

Accepted

Jul 22, 9:35 AM ET

Size

24.3 KB

Accession

0001140361-10-029970

Form 4

Period: 2010-01-28

Chief Executive Officer

Transactions

Award
Stock Option (Right to Buy)
2008-01-24+95,000→ 6,000,000 total
Exercise: $0.50From: 2008-01-24Exp: 2018-01-24→ Common Stock (95,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2008-01-24−95,000→ 0 total
Exercise: $4.00From: 2008-01-24Exp: 2018-01-24→ Common Stock (95,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2007-01-18−603,416→ 0 total
Exercise: $1.50From: 2007-02-28Exp: 2012-01-18→ Common Stock (603,416 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2009-02-23−100,000→ 0 total
Exercise: $1.00From: 2010-02-23Exp: 2019-02-23→ Common Stock (100,000 underlying)
Award
Stock Option (Right to Buy)
2009-02-23+100,000→ 6,000,000 total
Exercise: $0.50From: 2010-02-23Exp: 2019-02-23→ Common Stock (100,000 underlying)
Award
Stock Option (Right to Buy)
2010-01-28+5,003,729→ 6,000,000 total
Exercise: $0.50From: 2010-04-28Exp: 2020-01-28→ Common Stock (5,003,729 underlying)
Award
Stock Option (Right to Buy)
2007-07-12+197,855→ 6,000,000 total
Exercise: $0.50From: 2007-07-31Exp: 2012-07-12→ Common Stock (197,855 underlying)
Award
Stock Option (Right to Buy)
2007-01-18+603,416→ 6,000,000 total
Exercise: $0.50From: 2007-02-28Exp: 2012-01-18→ Common Stock (603,416 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2007-07-12−197,855→ 0 total
Exercise: $3.40From: 2007-07-31Exp: 2012-07-12→ Common Stock (197,855 underlying)

Footnotes (7)

[F1]This represents stock options granted under the 2007 Omnibus Equity Compensation Plan per the Incentive Stock Option Grant dated January 28, 2010, which subsequently received approval at the Annual Meeting of Stockholders held on June 17, 2010.
[F2]These options vest as follows: Quarterly beginning on April 28, 2010 for ten (10) quarters (thirty calendar months) until the shares are fully exercisable.
[F3]Not applicable.
[F4]This represents a repricing of options from $1.50 to $0.50 per the Amendment No. 1 to Stock Option Grants dated January 13, 2010, which subsequently received stockholder approval at the Annual Meeting held on June 17, 2010.
[F5]This represents a repricing of options from $3.40 to $0.50 per the Amendment No. 1 to Stock Option Grants dated January 13, 2010, which subsequently received stockholder approval at the Annual Meeting held on June 17, 2010.
[F6]This represents a repricing of options from $4.00 to $0.50 per the Amendment No. 1 to Stock Option Grants dated January 13, 2010, which subsequently received stockholder approval at the Annual Meeting held on June 17, 2010.
[F7]This represents a repricing of options from $1.00 to $0.50 per the Amendment No. 1 to Stock Option Grants dated January 13, 2010, which subsequently received stockholder approval at the Annual Meeting held on June 17, 2010.

Documents

1 file

nFinanSe Inc.

CIK 0001120792

Entity typeother