4//SEC Filing
Feirstein Douglas 4
Accession 0001144204-10-045900
CIK 0001271075other
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 4:11 PM ET
Size
13.2 KB
Accession
0001144204-10-045900
Insider Transaction Report
Form 4
Feirstein Douglas
DirectorChief Executive Officer10% OwnerOther
Transactions
- Award
Stock Options (right to buy)
2010-08-19+555,556→ 555,556 totalExercise: $0.04→ Common Stock (555,556 underlying) - Purchase
Series B Convertible Preferred Stock
2010-08-19+100,000→ 100,000 total(indirect: By LLLP)Exercise: $0.02→ Common Stock (5,000,000 underlying) - Purchase
Common Stock Warrants (right to buy)
2010-08-19+2,500,000→ 2,500,000 total(indirect: By LLLP)Exercise: $0.06From: 2010-08-19Exp: 2013-08-19→ Common Stock (2,500,000 underlying) - Disposition to Issuer
Stock Options (right to buy)
2010-08-19−555,556→ 0 totalExercise: $0.27→ Common Stock (555,556 underlying)
Footnotes (4)
- [F1]The reported securities are included within one Unit purchased by the reporting person for $100,000 per Unit. Each Unit consists of 100,000 shares of Series B Convertible Preferred Stock and 2,500,000 warrants to purchase shares of common stock.
- [F2]These securities are convertible into the issuer's common stock at any time after the issuer increases its authorized capital. At such time, each share of the Series B Preferred Stock will be convertible into 50,000 shares of the issuer's common stock. The securities have no expiration date.
- [F3]The reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.
- [F4]The expiration and the vesting terms remain the same as originally granted.
Documents
Issuer
Upstream Worldwide, Inc.
CIK 0001271075
Entity typeother
Related Parties
1- filerCIK 0001463773
Filing Metadata
- Form type
- 4
- Filed
- Aug 19, 8:00 PM ET
- Accepted
- Aug 20, 4:11 PM ET
- Size
- 13.2 KB