Keith Richard 4
4 · Secure America Acquisition CORP · Filed Nov 2, 2009
Insider Transaction Report
Form 4
Keith Richard
DirectorChairman
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2009-10-29$0.01/sh+100$1→ 100 total - Award
Membership Units in Ultimate Escapes Holdings, LLC
2009-10-29+574,307→ 574,307 total(indirect: By LLC)→ Common Stock (574,307 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2009-10-29−100→ 0 totalExercise: $0.01From: 2009-10-29Exp: 2019-10-29→ Common Stock (100 underlying) - Award
Employee Stock Option (right to buy)
2009-10-29+100→ 100 totalExercise: $0.01From: 2009-10-29Exp: 2019-10-29→ Common Stock (100 underlying)
Footnotes (3)
- [F1]The membership units of Ultimate Escapes Holdings, LLC are convertible into common stock at any time on a one-for-one basis, and have no expiration date.
- [F2]Issued pursuant to the terms of the contribution agreement by and among the Issuer, Ultimate Escapes Holdings, LLC, Ultimate Resort Holdings, LLC and the Member Representative, dated September 2, 2009, as amended, and the amended and restated operating agreement of Ultimate Escapes Holdings, LLC entered into on October 29, 2009
- [F3]The reporting person is the managing member of, and owns a 75% membership interest in, Private Escapes Holdings, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.