Rose Michael 4
4 · Lateral Media, Inc. · Filed Apr 17, 2009
Insider Transaction Report
Form 4
Lateral Media, Inc.LTLM.OB
Rose Michael
Executive VP, Operations
Transactions
- Award
Options
2009-04-15+228,596→ 228,596 totalExercise: $1.25Exp: 2019-04-15→ Common Stock (228,596 underlying)
Footnotes (2)
- [F1]Lateral Media, Inc. (the "Company") entered into an employment agreement with Michael Rose (the "Employment Agreement"), effective as of April 15, 2009, pursuant to which Mr. Rose was appointed Executive Vice President, Operations of the Company. The options (the "Options") were granted as partial compensation in connection with the Employment Agreement.
- [F2]Options to purchase 76,199 shares will vest on April 15, 2010, Options to purchase 76,199 shares will vest on April 15, 2011 and Options to purchase the remaining 76,198 shares will vest on April 15, 2012.