Home/Filings/4/0001144204-13-021478
4//SEC Filing

Carroll Patrick M. 4

Accession 0001144204-13-021478

CIK 0001084384other

Filed

Apr 11, 8:00 PM ET

Accepted

Apr 12, 11:29 AM ET

Size

12.9 KB

Accession

0001144204-13-021478

Insider Transaction Report

Form 4
Period: 2012-08-21
Carroll Patrick M.
CEO of ValidSoft
Transactions
  • Award

    Option

    2012-08-21+20,91320,913 total
    Exercise: $1.21From: 2012-08-21Exp: 2015-08-21Common Stock (20,913 underlying)
  • Award

    Option

    2013-04-05+360,000380,913 total
    Exercise: $0.91From: 2013-04-05Exp: 2016-04-05Common Stock (360,000 underlying)
  • Award

    Option

    2013-04-05+360,000740,913 total
    Exercise: $1.91From: 2013-04-05Exp: 2016-04-05Common Stock (360,000 underlying)
  • Award

    Option

    2013-04-05+360,0001,100,913 total
    Exercise: $2.91From: 2013-04-05Exp: 2016-04-05Common Stock (360,000 underlying)
Footnotes (3)
  • [F1]The options were issued to the Reporting Person under the Issuer's 2008 Non-Qualifying Stock and Option Compensation Plan (the "Plan") as bonus options for achieved performance in 2011. Although the grant of these options were approved by the Compensation Committee on August 21, 2012, these options were not issued until April 5, 2013.
  • [F2]The grant of these options were approved by the Compensation Committee on February 7, 2013 to be issued on the third trading day after the 10-K filing and accordingly approved by the Board on April 5, 2013. These options were issued to the Reporting Person under the Plan.
  • [F3]The grant of these options were approved by the Compensation Committee on February 7, 2013 to be issued on the third trading day after the 10-K filing and accordingly approved by the Board on April 5, 2013. These options were issued to the Reporting Person under the Plan. They shall be cancelled in the event the stockholders of the Company do not approve an increase of shares issuable under the Plan from 23,000,000 to at least 30,000,000 in the 2013 Annual Stockholder Meeting of the Company.

Issuer

ELEPHANT TALK COMMUNICATIONS CORP

CIK 0001084384

Entity typeother

Related Parties

1
  • filerCIK 0001529388

Filing Metadata

Form type
4
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 11:29 AM ET
Size
12.9 KB