Zoreff Dror 4
4 · SMART ONLINE INC · Filed Mar 30, 2010
Insider Transaction Report
Form 4
SMART ONLINE INCSOLN
Zoreff Dror
Director
Transactions
- Award
Stock Option (Right to Buy)
2010-03-26+20,000→ 35,000 totalExercise: $1.14Exp: 2020-03-26→ Common Stock (20,000 underlying) - Award
Stock Option (Right to Buy)
2010-03-26+30,000→ 65,000 totalExercise: $1.14Exp: 2020-03-26→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]The reporting person was granted two nonqualified stock options to purchase an aggregate of 50,000 shares of common stock of Smart Online, Inc. (the "Nonqualified Options") pursuant to Smart Online, Inc.'s 2004 Equity Compensation Plan.
- [F2]Exercise of the Nonqualified Options is subject to vesting in quarter-annual increments, with 25% of each of the Nonqualified Options becoming exercisable on each of June 30, 2010, September 30, 2010, December 31, 2010 and March 31, 2011.