SAMUELSON LIOR 4
4 · DELTATHREE INC · Filed Feb 17, 2009
Insider Transaction Report
Form 4
DELTATHREE INCDDDC
SAMUELSON LIOR
Director
Transactions
- Award
Options to purchase Common Stock
2009-02-12$0.39/sh+206,250$79,613→ 300,000 totalExercise: $0.39Exp: 2015-02-01→ Common Stock (300,000 underlying)
Holdings
- 22,000
Restricted Common Stock
- 220,000
Common Stock
Footnotes (1)
- [F1]As set forth in the Current Report on Form 8-K filed by the Issuer on February 12, 2009, on February 10, 2009, the Issuer entered into a Securities Purchase Agreement (the "Purchase Agreement") with D4 Holdings, LLC ("D4 Holdings"), a Delaware limited liability company. Pursuant to the terms of the Purchase Agreement, the Issuer issued to D4 Holdings 39,000,000 shares of Class A Common Stock, par value $0.001 per share of the Company (the "Common Stock"), representing approximately 54.3% of the total number of issued and outstanding shares of Common Stock. The transaction closed on February 12, 2009. In connection with the closing of the transaction and the change of control of the Issuer that had been deemed to occur, unvested options to purchase 206,250 shares of Common Stock previously granted to Mr. Samuelson under the Employment Agreement between the Issuer and Mr. Samuelson accelerated and became immediately exercisable.