Arad Graham N 4
4 · Planet Payment Inc · Filed May 16, 2013
Insider Transaction Report
Form 4
Arad Graham N
DirectorSVP and General Counsel
Transactions
- Award
Stock Option (Right to Buy)
2013-05-16+29,000→ 29,000 totalExercise: $2.84Exp: 2023-05-15→ Common Stock (29,000 underlying) - Award
Common Stock
2013-05-16+38,333→ 1,029,739 total
Holdings
- 43,400(indirect: By Reporting Person's Son)
Common Stock
Footnotes (3)
- [F1]Shares will vest, and the Issuer's right to repurchase the shares will lapse, (i) in three equal annual installments with a vesting commencement date of March 1, 2013 and (ii) upon satisfaction of performance conditions related to certain gross profit margins (provided that the executive officer remains in continuous service as an employee or consultant through such date).
- [F2]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- [F3]The stock option grant will vest in three equal annual installments with a vesting commencement date of April 1, 2013 (provided that the executive officer remains in continuous service as an employee or consultant through such date).