SCHWARTZ MATTHEW 4
4 · GRANDPARENTS.COM, INC. · Filed Feb 28, 2013
Insider Transaction Report
Form 4
GRANDPARENTS.COM, INC.GPCM.OB
SCHWARTZ MATTHEW
See Remarks
Transactions
- Award
Common Stock Warrant (Right to Buy)
2013-02-26+100,000→ 100,000 total(indirect: See Footnote)Exercise: $0.50From: 2013-02-26Exp: 2018-02-26→ Common Stock (100,000 underlying) - Award
Stock Option (Right to Buy)
2012-12-19+25,000→ 25,000 totalExercise: $0.30Exp: 2022-12-19→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]The option vests as follows: one third of the shares subject to the option shall become vested and exercisable on the one year anniversary of the date of grant and the remaining shares subject to the option shall become vested and exercisable in eight (8) equal quarterly installments commencing on the fifteen (15) month anniversary of the date of grant and continuing on each three (3) month anniversary thereof.
- [F2]The reported securities are owned by Bernstein-Nasser Investors, LLC, a limited liability company of which the reporting person is a member. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of Exchange Act or for any other purposes.