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LML PAYMENT SYSTEMS INC·4

Nov 21, 6:33 PM ET

GAINES PATRICK H 4

4 · LML PAYMENT SYSTEMS INC · Filed Nov 21, 2011

Insider Transaction Report

Form 4
Period: 2011-11-17
LML PAYMENT SYSTEMS INCLMLP
GAINES PATRICK H
DirectorCEO
Transactions
  • Award

    Incentive Stock Options (right to buy)

    2011-11-17$2.12/sh+250,000$530,000→ 1,700,000 total
    Exercise: $2.12From: 2011-11-17Exp: 2016-11-17→ Common (250,000 underlying)
Holdings

  • Common

    (indirect: Owned by 397389 British Columbia Ltd.)
    16,622

  • Common

    239,872

  • Common

    (indirect: Owned by Keats Investments Ltd.)
    168,400
Footnotes (1)
  • [F1]Options exercisable as to 62,500 options on November 17, 2011 and the remaining 187,500 options exercisable as to 31,250 options every six months thereafter.

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4