4//SEC Filing
Arad Graham N 4
Accession 0001140361-13-021462
CIK 0001362925other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 8:17 PM ET
Size
11.4 KB
Accession
0001140361-13-021462
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).
Documents
Issuer
Planet Payment Inc
CIK 0001362925
Entity typeother
Related Parties
1- filerCIK 0001562001
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 8:17 PM ET
- Size
- 11.4 KB