LOUGHRY JOSEPH MARION III 4
4 · GLOBAL AXCESS CORP · Filed Dec 21, 2011
Insider Transaction Report
Form 4
LOUGHRY JOSEPH MARION III
Director
Transactions
- Exercise/Conversion
Stock Options
2011-12-13−10,000→ 0 totalExercise: $0.35Exp: 2011-12-16→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock, $.001 par value
2011-12-13$0.35/sh+10,000$3,500→ 310,000 total
Footnotes (1)
- [F1]This option vested in four (4) installments of twenty-five percent (25%) of the option per installment, with the first installment vesting on the grant date, and with an additional twenty-five percent (25%) of such option vesting on each of the three (3) successive four (4) month periods following grant date.