GRANDPARENTS.COM, INC. 4
4 · GRANDPARENTS.COM, INC. · Filed Dec 11, 2013
Insider Transaction Report
Form 4
GRANDPARENTS.COM, INC.GPCM.OB
LAZARUS LEE
Director
Transactions
- Award
Incentive Stock Option (right to buy)
2013-12-09+750,000→ 5,100,000 totalExercise: $0.13Exp: 2023-12-09→ Common Stock (750,000 underlying) - Award
Option (right to buy)
2013-12-09+3,250,000→ 5,100,000 totalExercise: $0.13Exp: 2023-12-09→ Common Stock (3,250,000 underlying)
Footnotes (1)
- [F1]Except as otherwise provided in Mr. Lazarus' Executive Employment Agreement, the option vests as follows: monthly pro rata over a three year period (with such vesting period to be deemed to have commenced on November 15, 2012) subject to the continued employment of Mr. Lazarus.