WOLFE CURTIS ANDREW 4

Accession 0001144204-12-054819

CIK 0001293330other

View on SEC.gov Company Profile

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 9:00 PM ET

Size

78.0 KB

Accession

0001144204-12-054819

Insider Transaction Report

Form 4

Period: 2012-10-02

Net Element, Inc.NETE

WOLFE CURTIS ANDREW

Director

Transactions

Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−13,333→ 0 total
Exercise: $0.15From: 2011-10-31Exp: 2016-10-31→ Common Stock (13,333 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−9,524→ 0 total
Exercise: $0.21From: 2011-11-30Exp: 2016-11-30→ Common Stock (9,524 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−11,765→ 0 total
Exercise: $0.17From: 2012-02-29Exp: 2017-02-28→ Common Stock (11,765 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−18,182→ 0 total
Exercise: $0.11From: 2012-04-30Exp: 2017-04-30→ Common Stock (18,182 underlying)
Tax Payment
Common Stock
2012-10-02$0.25/sh−8,000$2,000→ 1,114,955 total
Exercise/Conversion
Common Stock
2012-10-02$0.11/sh+18,182$2,000→ 1,133,137 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−8,000$2,000→ 1,125,137 total
Exercise/Conversion
Common Stock
2012-10-02$0.12/sh+16,667$2,000→ 1,141,804 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−8,000$2,000→ 1,133,804 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−8,000$2,000→ 1,134,137 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−8,000$2,000→ 1,138,637 total
Exercise/Conversion
Right to Acquire Common Stock
2012-10-02−3,000,000→ 0 total(indirect: By LLC)
Exercise: $0.00From: 2011-03-29Exp: 2014-03-29→ Common Stock (3,000,000 underlying)
Exercise/Conversion
Common Stock
2012-10-02$0.24/sh+8,333$2,000→ 1,142,137 total
Exercise/Conversion
Common Stock
2012-10-02$0.16/sh+12,500$2,000→ 1,146,637 total
Exercise/Conversion
Common Stock
2012-10-02$0.07/sh+57,142$4,000→ 1,195,779 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−16,000$4,000→ 1,179,779 total
Disposition to Issuer
Common Stock
2012-10-02−1,179,779→ 0 total
Exercise/Conversion
Common Stock
2012-10-02+3,000,000→ 3,000,000 total(indirect: By LLC)
Disposition to Issuer
Common Stock
2012-10-02−3,000,000→ 0 total(indirect: By LLC)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−94,000→ 0 total
Exercise: $0.10From: 2012-03-09Exp: 2021-03-09→ Common Stock (94,000 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−50,000→ 0 total
Exercise: $0.06From: 2011-07-31Exp: 2016-07-31→ Common Stock (50,000 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−13,333→ 0 total
Exercise: $0.15From: 2011-09-30Exp: 2016-09-30→ Common Stock (13,333 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−12,500→ 0 total
Exercise: $0.16From: 2012-01-31Exp: 2017-01-31→ Common Stock (12,500 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2012-10-02−3,333→ 0 total
Exercise: $0.60From: 2011-12-31Exp: 2016-12-31→ Common Stock (3,333 underlying)
Exercise/Conversion
Common Stock
2012-10-02$0.10/sh+94,000$9,400→ 1,094,100 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−37,600$9,400→ 1,056,500 total
Exercise/Conversion
Common Stock
2012-10-02$0.06/sh+50,000$3,000→ 1,106,500 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−12,000$3,000→ 1,094,500 total
Exercise/Conversion
Common Stock
2012-10-02$0.15/sh+13,333$2,000→ 1,107,833 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−8,000$2,000→ 1,099,833 total
Exercise/Conversion
Common Stock
2012-10-02$0.15/sh+13,333$2,000→ 1,113,166 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−8,000$2,000→ 1,105,166 total
Exercise/Conversion
Common Stock
2012-10-02$0.21/sh+9,524$2,000→ 1,114,690 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−8,000$2,000→ 1,106,690 total
Exercise/Conversion
Common Stock
2012-10-02$0.16/sh+12,500$2,000→ 1,119,190 total
Tax Payment
Common Stock
2012-10-02$0.25/sh−8,000$2,000→ 1,111,190 total
Exercise/Conversion
Common Stock
2012-10-02$0.17/sh+11,765$2,000→ 1,122,955 total
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−16,667→ 0 total
Exercise: $0.12From: 2012-05-31Exp: 2017-05-31→ Common Stock (16,667 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−8,333→ 0 total
Exercise: $0.24From: 2012-06-30Exp: 2017-06-30→ Common Stock (8,333 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−12,500→ 0 total
Exercise: $0.16From: 2012-07-31Exp: 2017-07-31→ Common Stock (12,500 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2012-10-02−57,142→ 0 total
Exercise: $0.07From: 2012-08-31Exp: 2017-08-31→ Common Stock (57,142 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2012-10-02−5,405→ 0 total
Exercise: $0.37From: 2011-08-31Exp: 2016-08-31→ Common Stock (5,405 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2012-10-02−12,595→ 0 total
Exercise: $0.25From: 2012-03-31Exp: 2017-03-31→ Common Stock (12,595 underlying)

Footnotes (2)

[F1]These shares were canceled pursuant to the Agreement and Plan of Merger, dated as of June 12, 2012, between Cazador Acquisition Corporation Ltd., a Cayman Islands limited corporation, and the Issuer, in exchange for the right to receive 0.025 of a share of Cazador common stock in exchange for each share of the Issuer's common stock.
[F2]These stock options were canceled in consideration for payment of $2,000 by the Issuer to the reporting person.

Documents

1 file

4
v325130_4.xmlPrimary
OWNERSHIP DOCUMENT

Issuer

Net Element, Inc.

CIK 0001293330

→

Entity typeother

Related Parties

filerCIK 0001312023

Filing Metadata

Form type: 4
Filed: Oct 3, 8:00 PM ET
Accepted: Oct 4, 9:00 PM ET
Size: 78.0 KB

View on SEC.gov