JOYCE DONALD 4
4 · INNOVATIVE CARD TECHNOLOGIES INC · Filed Sep 8, 2009
Insider Transaction Report
Form 4
JOYCE DONALD
Director
Transactions
- Award
Common Stock Option
2009-07-22+50,000→ 241,500 totalExercise: $0.18Exp: 2019-07-22→ Common Stock (50,000 underlying) - Award
Common Stock Option
2009-07-22+100,000→ 191,500 totalExercise: $0.18Exp: 2019-07-22→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]The option represents Reporting Person's annual grant for board service pursuant to the Issuer's board of directors' compensation policy.
- [F2]The option vests quarterly over the one year period commencing on the grant date.
- [F3]The option represents Reporting Peron's committee grants (Compensation and Nomination) for board service pursuant to the Issuer's board of directors' compensation policy.
- [F4]The grants were made pursuant to the Issuer's 2007 Equity Compensation Plan.