Salaman Michael 4
4 · Skinny Nutritional Corp. · Filed Aug 15, 2011
Insider Transaction Report
Form 4
Salaman Michael
DirectorChairman of the Board
Transactions
- Award
Common Stock
2011-06-17$0.05/sh+2,044,989$100,000→ 36,684,946 total - Award
Common Stock
2011-08-11+7,200,000→ 43,884,946 total - Disposition to Issuer
Employee Stock Option (right to buy)
2011-08-11−3,000,000→ 0 totalExercise: $0.26From: 2007-01-12Exp: 2012-01-12→ Common Stock (3,000,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-08-11−3,000,000→ 0 totalExercise: $0.08From: 2007-11-28Exp: 2012-11-28→ Common Stock (3,000,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-08-11−3,000,000→ 0 totalExercise: $0.33From: 2008-07-30Exp: 2013-07-30→ Common Stock (3,000,000 underlying)
Footnotes (3)
- [F1]Shares of common stock granted pursuant to an amendment to the Reporting Person's employment agreement with the Issuer.
- [F2]Includes 1,500,000 shares of restricted stock subject to vesting requirements.
- [F3]On August 11, 2011, the Issuer cancelled, pursuant to its option exchange transaction, options granted to the Reporting Person on the dates indicated in Table II of this Form 4. In exchange, the Reporting Person received an aggregate of 7,200,000 shares of restricted stock.