David Emlyn 4
4 · Mobile Integrated Systems, Inc. · Filed Oct 15, 2012
Insider Transaction Report
Form 4
David Emlyn
DirectorChief Executive Officer
Transactions
- Award
Option
2012-04-25+1,666,667→ 1,666,667 totalExercise: $0.15From: 2013-04-25Exp: 2014-04-25→ Comon Stock (1,666,667 underlying) - Award
Option
2012-04-25+1,666,667→ 3,333,334 totalExercise: $0.15From: 2014-04-25Exp: 2015-04-25→ Comon Stock (1,666,667 underlying) - Award
Option
2012-04-25+1,666,666→ 5,000,000 totalExercise: $0.15From: 2015-04-25Exp: 2016-04-25→ Comon Stock (1,666,666 underlying)
Footnotes (1)
- [F1]On April 25, 2012, Mr. David received an option to purchase 5,000,000 shares of the Company's common stock from the Company's majority shareholder. For Mr. David, the option shall vest and become fully exercisable as follows: one-third of the option shall vest and become fully exercisable upon each one year anniversary of the date of grant, so long as Mr. David remains employed by the Company on such date.