'mktg, inc.' 4
4 · 'mktg, inc.' · Filed Nov 8, 2013
Insider Transaction Report
Form 4
'mktg, inc.'CMKG
Horsey Charles W.
President
Transactions
- Award
Stock Option (Right to Buy)
2013-11-06+400,000→ 400,000 totalExercise: $2.00Exp: 2023-10-31→ Common Stock (400,000 underlying) - Award
Stock Option (Right to Buy)
2013-11-06+200,000→ 200,000 totalExercise: $2.00Exp: 2023-10-31→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]This option vests and becomes exercisable with respect to 40,000 shares of Common Stock on each of October 31, 2014, October 31, 2015, October 31, 2016, October 31, 2017 and October 31, 2018.
- [F2]This option vests and becomes exercisable only upon a "Liquidity Event" with respect to the Issuer as follows: this option shall vest and become exercisable as to (i) 100,000 shares of Common Stock if such Liquidity Event results in consideration paid to the Issuer's stockholders of at least $2.50 per share of Common Stock but less than $2.80 per share of Common Stock, (ii) 200,000 shares of Common Stock if such Liquidity Event results in consideration paid to the Issuer's stockholders of at least $2.80 per share of Common Stock but less than $3.10 per share of Common Stock, (iii) 300,000 shares of Common Stock if such Liquidity Event results in consideration paid to the Issuer's stockholders of at least $3.10 per share of Common Stock but less than $6.00 per share of Common Stock, and (iv) all 400,000 shares of Common Stock if such Liquidity Event results in consideration paid to the Issuer's stockholders of $6.00 per share or more.