SCHOLZ ANDRE 4
4 · Kiwibox.Com, Inc. · Filed Apr 26, 2013
Insider Transaction Report
Form 4
SCHOLZ ANDRE
DirectorPres/CEO-Kiwibox Media, Inc.
Transactions
- Award
Common Stock
2013-04-24$0.01/sh+800,000$10,000→ 6,550,000 total
Footnotes (2)
- [F1]Reporting Person earns 100,000 restricted common shares for each month of service pursuant to his Consulting Agreement with the Company and the 800,000 shares were earned during the 8-month period, August 1, 2012, through March 31, 2013.
- [F2]Price of the shares issued to Reporting Person is based upon the average public market price of the Company's common shares during applicable each month of the earning period.