CrowdGather, Inc. 4
4 · CrowdGather, Inc. · Filed Aug 22, 2014
Insider Transaction Report
Form 4
Sabnani Sanjay
DirectorCEO, President, Secretary10% Owner
Transactions
- Purchase
Common Stock
2014-08-21$0.11/sh+70,000$7,700→ 391,945 total(indirect: By IRA)
Holdings
- 400,000
Stock Option (Right to Buy)
Exercise: $1.49From: 2008-12-20Exp: 2018-06-20→ Common Stock (400,000 underlying) - 600,000
Stock Option (Right to Buy)
Exercise: $1.16From: 2011-09-21Exp: 2021-03-21→ Common Stock (200,000 underlying) - 1,100,000
Stock Option (Right to Buy)
Exercise: $0.04From: 2013-11-30Exp: 2023-05-31→ Common Stock (500,000 underlying) - 16,210,550(indirect: By LLC)
Common Stock
- 900,000(indirect: By Trust)
Common Stock
- 34,998
Common Stock
- 250,000
Common Stock
Footnotes (2)
- [F1]Restricted stock granted pursuant to 2008 Stock Option and Award Plan. Pursuant to the terms of the Plan, the shares will vest in equal amount of 25% of the total amount per year beginning on October 2, 2014.
- [F2]Reporting person's right to receive Stock Options vest over a four year period, with the first one-eighth of the total Stock Options vesting on the six month anniversary of the grant date, one-sixteenth of the total Stock Options vesting every 90 days after that six month anniversary date (the date indicated above as the exercise date).