4//SEC Filing
Zuurbier Martin 4
Accession 0001144204-13-021480
CIK 0001084384other
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 11:32 AM ET
Size
13.8 KB
Accession
0001144204-13-021480
Insider Transaction Report
Form 4
Zuurbier Martin
DirectorCOO & CTO10% Owner
Transactions
- Award
Option
2013-04-05+360,000→ 382,706 total(indirect: By Interact WLL - see Footnote)Exercise: $0.91From: 2013-04-05Exp: 2016-04-05→ Common Stock (360,000 underlying) - Award
Option
2013-04-05+360,000→ 742,706 total(indirect: By Interact WLL - see Footnote)Exercise: $1.91From: 2013-04-05Exp: 2016-04-05→ Common Stock (360,000 underlying) - Award
Option
2012-08-21+22,706→ 22,706 total(indirect: By Interact WLL - see Footnote)Exercise: $1.21From: 2012-08-21Exp: 2015-08-21→ Common Stock (22,706 underlying) - Award
Option
2013-04-05+360,000→ 1,102,706 total(indirect: By Interact WLL - see Footnote)Exercise: $2.91From: 2013-04-05Exp: 2016-04-05→ Common Stock (360,000 underlying)
Footnotes (3)
- [F1]The options were issued to Interact W.L.L., an entity wholly owned by 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 Interact W.L.L., an entity wholly owned by 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 Interact W.L.L., an entity wholly owned by 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.
Documents
Issuer
ELEPHANT TALK COMMUNICATIONS CORP
CIK 0001084384
Entity typeother
Related Parties
1- filerCIK 0001427262
Filing Metadata
- Form type
- 4
- Filed
- Apr 11, 8:00 PM ET
- Accepted
- Apr 12, 11:32 AM ET
- Size
- 13.8 KB