WAVE SYSTEMS CORP 4
4 · WAVE SYSTEMS CORP · Filed Apr 7, 2015
Insider Transaction Report
Form 4
CHEHEYL R STEPHEN
Director
Transactions
- Award
Non-Employee Director Stock Options
2015-04-06+3,750→ 3,750 totalExercise: $0.72From: 2015-04-06Exp: 2025-04-05→ Class A Common Stock, par value $0.01 per share (3,750 underlying)
Footnotes (2)
- [F1]On April 6, 2015, the Reporting Person was granted options to purchase 3,750 shares of Class A common stock under the Company's Amended and Restated 1994 Non-Employee Directors Stock Option Plan. These stock options vest the day following the grant.
- [F2]Represents the closing price of the Issuer's common stock on the date of the grant. Previously, the Issuer incorrectly reported the exercise price of such options as $0.79 per share in its Current Report on Form 8-K filed with the Securities and Exchange Commission on March 3, 2015 in connection with the appointment of the Reporting Person to the Issuer's Board of Directors. This Form 4 report hereby corrects the exercise price that was previously reported in such 8-K.