Home/Filings/4/0001144204-13-043425
4//SEC Filing

MAJESCO ENTERTAINMENT CO 4

Accession 0001144204-13-043425

CIK 0001076682operating

Filed

Aug 5, 8:00 PM ET

Accepted

Aug 6, 8:36 PM ET

Size

14.7 KB

Accession

0001144204-13-043425

Insider Transaction Report

Form 4
Period: 2013-08-03
Transactions
  • Award

    Restricted Common Stock

    2013-08-03+18,750143,919 total
  • Gift

    Common Stock

    2013-03-154,000125,169 total
  • Gift

    Common Stock

    2013-03-15+3,0003,000 total(indirect: By Children)
  • Gift

    Common Stock

    2013-03-15+1,0001,000 total(indirect: By Children)
  • Award

    Stock Options

    2013-08-03$0.64/sh+63,493$40,63663,493 total
    Exercise: $0.64Exp: 2020-08-03Common Stock (63,493 underlying)
  • Sale

    Common Stock

    2013-08-05$0.62/sh19,672$12,197124,247 total
Footnotes (4)
  • [F1]This transaction involved a gift of securities by the reporting person of 1,000 shares of common stock of the issuer to each one of his four children, 1,000 of which were transferred to the reporting person as custodian for his minor son under the Uniform Gifts to Minors Act and the remaining 3,000 of which were transferred to accounts of his adult children over which the reporting person has power of attorney. The reporting person disclaims beneficial ownership of the shares held by his children, and this report should not be deemed an admission that the reporting person is the beneficial owner of any of his children's shares for the purposes of Section 16 or for any other purpose.
  • [F2]Quarterly restricted stock grant pursuant to the issuer's director compensation policy that vests 180 days from the grant date.
  • [F3]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan.
  • [F4]Annual option grant pursuant to the Issuer's director compensation policy, which options vest over a two-year period with one-half vesting on each of the first and second anniversaries of the date of issuance.

Issuer

MAJESCO ENTERTAINMENT CO

CIK 0001076682

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001076682

Filing Metadata

Form type
4
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 8:36 PM ET
Size
14.7 KB