MANSOURI MICHAEL 4
4 · WIDEPOINT CORP · Filed Apr 16, 2012
Insider Transaction Report
Form 4
MANSOURI MICHAEL
CEO-WidePoint Solutions Corp.
Transactions
- Purchase
Common Stock
2012-04-13$0.88/sh+230$202→ 43,597 total - Purchase
Common Stock
2012-04-12$0.89/sh+39,372$35,195→ 43,367 total
Holdings
- 100,000
Option to Buy
Exercise: $0.69From: 2013-01-03Exp: 2018-01-03→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.87 to $0.91, inclusive. The reporting person undertakes to provide to WidePoint Corporation, any security holder of WidePoint Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
- [F2]The options will fully vest after 5 years on January 3, 2017 and include an acceleration feature that allows early vesting of 1/3 of the options upon achievement of certain 2012 financial targets and early vesting of the remaining 2/3 of the options upon achievement of certain 2013 financial targets.