Home/Filings/4/0001144204-10-014629
4//SEC Filing

MICHALE LOIACONO J 4

Accession 0001144204-10-014629

CIK 0000852570other

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 3:21 PM ET

Size

10.3 KB

Accession

0001144204-10-014629

Insider Transaction Report

Form 4
Period: 2010-03-18
MICHALE LOIACONO J
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Stock Options

    2010-03-1831,250156,250 total
    Exercise: $0.32Common Stock (31,250 underlying)
  • Exercise/Conversion

    Common Stock, par value $0.001

    2010-03-18$0.32/sh+31,250$10,00046,250 total
  • Tax Payment

    Common Stock, par value $0.001

    2010-03-18$0.88/sh11,312$10,00034,938 total
Holdings
  • Common Stock, par value $0.001

    (indirect: By Spouse)
    10,000
Footnotes (2)
  • [F1]This option for 250,000 shares vests according to the following: 31,250 shares vested on October 2, 2007; 31,250 shares vested on April 2, 2008; 62,500 shares vested on April 2, 2008; 31,250 shares vested on April 2, 2009; 31,250 shares will vest on April 2, 2010 if the executive is employed by the Company as of April 2, 2010; and 62,500 shares would have vested upon the occurrence of a contingency that did not occur, and thus this 62,500 shares did not vest.
  • [F2]This option for 250,000 shares expires according to the following: the 31,250 shares which vested on October 2, 2007 expire on April 2, 2010; the 31,250 shares which vested on April 2, 2008 expire on April 2, 2011; the 62,500 shares which vested on April 2, 2008 expire on April 2, 2011; the 31,250 shares which vested on April 2, 2009 expire on April 2, 2012; the 31,250 shares which will vest on April 2, 2010 if the executive is employed by the Company as of April 2, 2010 expire on April 2, 2013; and the 62,500 shares which would have vested upon the occurrence of a contingency that did not occur did not vest.

Documents

1 file

Issuer

GLOBAL AXCESS CORP

CIK 0000852570

Entity typeother

Related Parties

1
  • filerCIK 0001364262

Filing Metadata

Form type
4
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 3:21 PM ET
Size
10.3 KB