4Licensing Corp 4
4 · 4Licensing Corp · Filed Feb 11, 2015
Insider Transaction Report
Form 4
4Licensing CorpFOUR
DeSilva Duminda M
Director
Transactions
- Award
Nonstatutory Stock Option (right to buy)
2015-02-10+33,333→ 100,000 totalExercise: $0.79From: 2016-02-10Exp: 2025-02-10→ Common Stock (33,333 underlying) - Award
Nonstatutory Stock Option (right to buy)
2015-02-10+33,333→ 100,000 totalExercise: $0.79From: 2015-02-10Exp: 2025-02-10→ Common Stock (33,333 underlying) - Award
Nonstatutory Stock Option (right to buy)
2015-02-10+33,334→ 100,000 totalExercise: $0.79From: 2017-02-10Exp: 2025-02-10→ Common Stock (33,334 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 100,000 shares of Common Stock of the Company is February 10, 2015.
- [F3]Option grants to purchase 33,333 shares of Common Stock of the Company become exercisable immediately upon the grant.
- [F4]Option grants to purchase 33,333 shares of Common Stock of the Company become exercisable on the first anniversary of the grant date.
- [F5]Option grants to purchase 33,334 shares of Common Stock of the Company become exercisable on the second anniversary of the grant date.
- [F6]Includes the 100,000 shares of Common Stock of the Company underlying the option granted on February 10, 2015.