4//SEC Filing
MOBILEPRO CORP 4
Accession 0001144204-07-047024
CIK 0000769592operating
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 4:47 PM ET
Size
8.5 KB
Accession
0001144204-07-047024
Insider Transaction Report
Form 4
MOBILEPRO CORPMOBL
MARTIN TAMMY L
CEO of Davel Communications
Transactions
- Other
Warrant
2007-08-27$0.01/sh+3,000,000$22,500→ 1,895,833 totalExercise: $0.01Exp: 2017-08-27→ Common Stock (3,000,000 underlying)
Holdings
- 0
Common Stock
Footnotes (3)
- [F1]Awarded to Tammy L. Martin by the Issuer's Compensation Committee in recognition of staying with the Issuer during its sale of its assets and without the protection of a written employment agreement.
- [F2]Shares of the Issuer's common stock, par value $0.001 per share ("Warrant Stock"), to vest at the earlier of June 30, 2008 or should her employment with the Issuer be terminated without cause, including as a result of a merger or acquisition resulting in a change of control, meaning (i) the acquisition (other than from the Issuer in one or more transactions by any Person, as defined, of the beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended) of 50% or more of (A) the then outstanding shares of the securities of the Issuer, or (B) the combined voting power of the then outstanding securities of the Issuer entitled to vote generally in the election of directors (the "Issuer Voting Stock"); (ii) the closing of a sale or other conveyance of all or substantially all of the assets of the Issuer; or
- [F3](iii) the effective time of any merger, share exchange, consolidation, or other business combination of the Issuer if immediately after such transaction persons who hold a majority of the outstanding voting securities entitled to vote generally in the election of directors of the surviving entity (or the entity owning 100% of such surviving entity) are not persons who, immediately prior to such transaction, held the Issuer Voting Stock; provided, however, that a Change of Control shall not include a public offering of capital stock of the Issuer. A "Person" means any individual, entity or group within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended, other than: employee benefit plans sponsored or maintained by the Issuer and corporations controlled by the Issuer.
Documents
Issuer
MOBILEPRO CORP
CIK 0000769592
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000769592
Filing Metadata
- Form type
- 4
- Filed
- Aug 28, 8:00 PM ET
- Accepted
- Aug 29, 4:47 PM ET
- Size
- 8.5 KB