4//SEC Filing
KESTENBAUM HAROLD 4
Accession 0001144204-09-058522
CIK 0000852766other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 5:06 PM ET
Size
11.8 KB
Accession
0001144204-09-058522
Insider Transaction Report
Form 4
YTB International, Inc.YTBLA.OB
KESTENBAUM HAROLD
Director
Transactions
- Disposition to Issuer
Stock Options (right to buy)
2009-11-05−30,000→ 45,000 totalExercise: $0.40From: 2007-04-24Exp: 2012-04-24→ Class A Common Stock (30,000 underlying) - Disposition to Issuer
Class A Common Stock
2009-11-05−49,695→ 153,742 total - Disposition to Issuer
Class A Common Stock
2009-11-05−18,293→ 135,449 total - Disposition to Issuer
Class A Common Stock
2009-11-05−200,000→ 203,437 total
Footnotes (5)
- [F1]The Issuer has two classes of common stock, Class A Common Stock and Class B Common Stock. The two classes of common stock are identical in all respects except as to voting power, as shares of Class A Common Stock are entitled to one-tenth vote per share, and shares of Class B Common Stock, one vote per share, on all matters submitted to a vote of the Issuer's stockholders. Because shares of Class B Common Stock automatically convert into Class A Common Stock on a one-for-one basis upon sale or other disposition (with the exception of transfers among related entities, transfers to trusts for the benefit of the transferring holder of the Class B Common Stock, bona fide pledges under financing arrangements and similar transfers), the Reporting Person has included Class B Common Stock in calculating and reporting the total number of shares of Class A Common Stock that he holds or that he has acquired or disposed of throughout this Form 4.
- [F2]The unvested portion of this restricted stock award was forfeited upon Mr. Kestenbaum's resignation as a director.
- [F3]The unvested portion of this restricted stock award was forfeited upon Mr. Kestenbaum's resignation as a director.
- [F4]This unvested restricted stock award was forfeited upon Mr. Kestenbaum's resignation as a director.
- [F5]The stock options previously awarded vested in equal increments of 15,000 options on each of the first five anniversaries of the grant date of April 24, 2006. The unvested portion of these stock options was forfeited upon Mr. Kestenbaum's resignation as a director.
Documents
Issuer
YTB International, Inc.
CIK 0000852766
Entity typeother
Related Parties
1- filerCIK 0001285085
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 5:06 PM ET
- Size
- 11.8 KB