4Licensing Corp|4Mar 1, 4:03 PM ET

EMMETT JAY 4

4 · 4Licensing Corp · Filed Mar 1, 2013

Form 4

Period: 2013-02-27

Director

Transactions

Award
Nonstatutory Stock Option (right to buy)
2013-02-27+66,667→ 200,000 total
Exercise: $0.26From: 2015-02-27Exp: 2023-02-27→ Common Stock (66,667 underlying)
Award
Nonstatutory Stock Option (right to buy)
2013-02-27+66,666→ 200,000 total
Exercise: $0.26From: 2014-02-27Exp: 2023-02-27→ Common Stock (66,666 underlying)
Award
Nonstatutory Stock Option (right to buy)
2013-02-27+66,666→ 200,000 total
Exercise: $0.26From: 2013-02-27Exp: 2023-02-27→ Common Stock (66,666 underlying)

Footnotes (6)

[F1]The exercise price is the Fair Market Value of the shares of Common Stock of 4Licensing Corporation (the "Company") as of the grant date determined by the Board of Directors of the Company upon the range of bid prices for the Company's Common Stock on the OTC Pink Sheets on the grant date.
[F2]The grant date of the option to purchase 200,000 shares of Common Stock of the Company is February 27, 2013.
[F3]Option grants to purchase 66,666 shares of Common Stock of the Company become exercisable immediately upon the grant.
[F4]Option grants to purchase 66,666 shares of Common Stock of the Company become exercisable on the first anniversary of the grant date.
[F5]Option grants to purchase 66,667 shares of Common Stock of the Company become exercisable on the second anniversary of the grant date.
[F6]Includes the 200,000 shares of Common Stock of the Company underlying the option granted on February 27, 2013.

Documents

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