4//SEC Filing
TOMASEK JOSEPH J 4
Accession 0001144204-12-062758
CIK 0000838796other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 5:29 PM ET
Size
13.2 KB
Accession
0001144204-12-062758
Insider Transaction Report
Form 4
TOMASEK JOSEPH J
Director
Transactions
- Award
Stock Warrant
2010-12-03+500,000→ 500,000 totalExercise: $0.03From: 2010-12-03Exp: 2015-12-04→ Common Shares (500,000 underlying) - Sale
Common Stock
2012-08-29$0.01/sh−2,180,500$13,955→ 5,100,000 total - Award
Stock Options
2008-07-14+1,000,000→ 1,000,000 totalExercise: $0.03From: 2008-07-14Exp: 2013-07-13→ Common Shares (1,000,000 underlying) - Award
Stock Opions
2012-03-31+1,400,000→ 3,600,000 totalExercise: $0.05From: 2011-02-01Exp: 2016-02-01→ Common Shares (1,200,000 underlying)
Footnotes (4)
- [F1]Reporting Person sold 2,180,500 restricted common shares in a private sale for $.0064 per share, or approximately $14,000.00.
- [F2]Reporting Person earns 100,000 common stock options for each month of legal services rendered to the Issuer. All stock options earned are exercisable at $.05 per share or on a cashless basis, during the 5-year exercise period. During calendar year 2009, Reporting Person earned 900,000 of these stock options; during calendar year 2010, 1,200,000, and; as of January 31, 2011, 100,000 of these stock options; for the 14 month period, February 1, 2011, through March 31, 2012, Reporting Person has earned 1,400,000 of these stock options. The value of the these stock options has been calculated to be $8,910 for the 900,000 stock options earned in 2009 and has not been determined for the 1,200,000, earned for each of the calendar years, 2010 and 2011, nor for the 200,000 stock options earned during the first two months of calendar year 2012.
- [F3]Reporting Person was awarded a common stock purchase warrant to purchase up to 500,000 common shares, exercisable at $.025 per share or on a cashless exercise basis, any time during the 5-year exercise period, commencing upon the grant date of December 3, 2010. The value of the Warrant has not been determined.
- [F4]Reporting Person earned these stock options for services rendered during 2008 and as reported on Form 5 filed by the Reporting Person with the Commission on February 17, 2010. Pursuant to the terms of these stock options, Reporting Person may purchase up to 1,000,000 common shares, exercisable at $.025 per share or on a cashless basis, any time during the 5-year exercise period.
Documents
Issuer
Kiwibox.Com, Inc.
CIK 0000838796
Entity typeother
Related Parties
1- filerCIK 0001016830
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 5:29 PM ET
- Size
- 13.2 KB