Nathan Richard 4
4 · INNOVATIVE CARD TECHNOLOGIES INC · Filed Sep 8, 2009
Insider Transaction Report
Form 4
Nathan Richard
DirectorChief Executive Officer/Presid
Transactions
- Award
Common Stock Option
2009-07-22+525,000→ 1,525,000 totalExercise: $0.18Exp: 2019-07-22→ Common Stock (525,000 underlying) - Award
Common Stock Option
2009-07-22+100,000→ 1,625,000 totalExercise: $0.18Exp: 2019-07-22→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]The option was granted pursuant to the Issuer's 2007 Equity Compensation Plan.
- [F2]The option vests annually over three years. In the event Reporting Person is terminated or resigns, the unvested portion of the option shall lapse 90 days after such termination or resignation date.
- [F3]The option was granted to Reporting Person as compensation for service on the Issuer's board of directors.
- [F4]The option vests quarterly over the one year period commencing on the grant date.