Raman Nik 4
4 · usell.com, Inc. · Filed Aug 29, 2012
Insider Transaction Report
Form 4
usell.com, Inc.USEL
Raman Nik
Chief Operating Officer
Transactions
- Award
Stock Options (Right to Buy)
2012-08-28+200,000→ 200,000 totalExercise: $0.20Exp: 2017-08-28→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]The securities shall vest as follows: (i) 25% on the one year anniversary of the Transaction Date and (ii) thereafter, in equal increments every three months over a three year period, subject to the Reporting Person remaining an employee of the Issuer on each applicable vesting date.
- [F2]Not applicable.