WIDEPOINT CORP 4
4 · WIDEPOINT CORP · Filed Dec 2, 2013
Insider Transaction Report
Form 4
MANSOURI MICHAEL
CEO-WidePoint Solutions Corp.
Transactions
- Purchase
Common Stock
2013-11-27$1.10/sh+2,500$2,748→ 53,297 total - Purchase
Common Stock
2013-11-27$1.10/sh+7,500$8,250→ 60,797 total - Purchase
Common Stock
2013-11-29$1.10/sh+2,500$2,750→ 65,797 total - Purchase
Common Stock
2013-11-29$1.09/sh+2,500$2,725→ 63,297 total - Purchase
Common Stock
2013-11-29$1.11/sh+2,500$2,775→ 68,297 total
Holdings
- 100,000
Option to Buy
Exercise: $0.69From: 2013-01-03Exp: 2018-01-03→ Common Stock (100,000 underlying) - 100,000
Option to Buy
Exercise: $0.46Exp: 2020-01-30→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]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.
- [F2]The options will vest 100% on October 31, 2019 provided that Mr. Mansouri remains an employee. The vesting of the options may be accelerated to January 30, 2014 if Mr. Mansouri achieves 110% of his sales goals for 2013.