White Patrick 4
4 · DOCUMENT SECURITY SYSTEMS INC · Filed Nov 21, 2012
Insider Transaction Report
Form 4
White Patrick
DirectorChief Executive Officer
Transactions
- Other
Options
2012-11-19$4.26/sh−50,000$213,000→ 80,000 totalExercise: $4.26Exp: 2017-09-21→ Common Stock (50,000 underlying) - Award
Options
2012-11-19$3.00/sh+50,000$150,000→ 80,000 totalExercise: $3.00Exp: 2017-09-21→ Common Stock (50,000 underlying)
Holdings
- 812,600
Common Stock
Footnotes (3)
- [F1]Shares of DSS common stock currently owned by Patrick White, as previously reported on Form 4.
- [F2]The options will fully vest and become exercisable one year from the closing of that certain merger transaction involving Document Security Systems, Inc., DSSIP, Inc. and Lexington Technology Group, Inc.
- [F3]A previous grant of 50,000 options having an exercise price of $4.26 per share was cancelled on 11/19/12, and replaced with new grant of 50,000 options with exercise price of $3.00.