LIPSCHITZ LOUIS 4
4 · MAJESCO ENTERTAINMENT CO · Filed Aug 7, 2012
Insider Transaction Report
Form 4
LIPSCHITZ LOUIS
Director
Transactions
- Sale
Common Stock
2012-08-03$1.73/sh−1,656$2,865→ 175,473 total - Award
Restricted Common Stock
2012-08-03+5,681→ 177,129 total - Award
Stock Options
2012-08-03$1.76/sh+18,051$31,770→ 18,051 totalExercise: $1.76Exp: 2019-08-03→ Common Stock (18,051 underlying)
Footnotes (3)
- [F1]Quarterly restricted stock grant pursuant to the Issuer's director compensation policy that vests 180 days from the grant date.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan.
- [F3]Annual option grant pursuant to the Issuer's director compensation policy, which options vest over a two-year period with one-half vesting on each of the first and second anniversaries of the date of issuance.