Wilson Ronald D. 4
4 · Skinny Nutritional Corp. · Filed Jul 7, 2009
Insider Transaction Report
Form 4
Skinny Nutritional Corp.SCNY.OB
Wilson Ronald D.
DirectorPresident and CEO
Transactions
- Conversion
Series A Convertible Preferred Stock
2009-07-06−600→ 0 totalExercise: $0.06→ Common Stock (1,000,000 underlying) - Award
Employee Options
2009-07-02+2,000,000→ 2,000,000 totalExercise: $0.10From: 2010-07-02Exp: 2014-07-02→ Common Stock (2,000,000 underlying) - Conversion
Common Stock, $.001 par value
2009-07-06+1,000,000→ 5,500,000 total
Footnotes (2)
- [F1]Options will vest in full on the first anniversary of the date of grant. Grant of options was subject to the approval by the Issuer's stockholders of the Issuer's 2009 Equity Incentive Compensation Plan, which occurred on July 2, 2009.
- [F2]The Series A Convertible Preferred Stock was convertible into shares of common stock of the Issuer at the rate of $0.06 per share upon the effective date of an amendment to the Issuer's Articles of Incorporation increasing the number of authorized shares of common stock of the Issuer and did not have an expiration date. The Series A Convertible Preferred Stock converted upon the effective date of the filing by the Issuer of the requisite amendment to its Articles of Incorporation.