4//SEC Filing
Greenberger Zachary 4
Accession 0001144204-09-035074
CIK 0001022899other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 6:07 AM ET
Size
8.7 KB
Accession
0001144204-09-035074
Insider Transaction Report
Form 4
NEW MOTION, INC.NWMO
Greenberger Zachary
Chief Technology Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2009-06-25−50,000→ 0 totalExercise: $6.00Exp: 2017-02-16→ Common Stock (50,000 underlying) - Award
Restricted Stock Units
2009-06-25+16,667→ 16,667 total→ Common Stock (16,667 underlying)
Footnotes (4)
- [F1]25% of the shares subject to the option vested February 16, 2008, the first anniversary of the grant date, and the remaining 75% of the shares subject to the option were to vest monthly over the next 36 months thereafter.
- [F2]The option was canceled by mutual agreement of the reporting person and Atrinsic, Inc. The reporting person received 16,667 restricted stock units as consideration for the cancellation
- [F3]Each restricted stock unit represents a contingent right to receive one share of Atrinsic, Inc. common stock.
- [F4]On each of December 31, 2009, 2010, and 2011, 5,000 restricted stock units will be eligible for vesting in accordance with quantitative measures and 555 restricted stock units will be eligible for vesting in accordance with other quantitative and/or qualitative measures, which measures will be established from time to time by the Compensation Committee of Atrinsic, Inc. Vested shares will be delivered to the reporting person as soon as practicable following the applicable vesting date.
Documents
Issuer
NEW MOTION, INC.
CIK 0001022899
Entity typeother
Related Parties
1- filerCIK 0001463467
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 6:07 AM ET
- Size
- 8.7 KB