SpendSmart Payments Co 4
4 · SpendSmart Payments Co · Filed Mar 26, 2014
Insider Transaction Report
Form 4
Hernandez-Ellsworth William M.
President10% Owner
Transactions
- Award
Stock Option (Option to Buy)
2014-03-19+300,000→ 418,333 totalExercise: $0.87From: 2014-03-19Exp: 2019-03-19→ Common Stock (300,000 underlying) - Award
Stock Option (Option to Buy)
2014-03-21+400,000→ 518,333 totalExercise: $1.15From: 2014-03-21Exp: 2019-03-21→ Common Stock (400,000 underlying)
Footnotes (4)
- [F1]The exercise price of the options equals the closing price of the Company's common stock as of 3/18/14.
- [F2]The Reporting Person acquired an option to purchase 300,000 shares of the Company's common stock. Twenty-five percent of the options vest immediately upon the grant date, with the remaining options vesting twenty-five percent each year thereafter.
- [F3]The exercise price of the options equals the closing price of the Company's common stock as of 3/20/14.
- [F4]The Reporting Person acquired an option to purchase 400,000 shares of the Company's common stock. Twenty-five percent of the options vest immediately upon the grant date, with the remaining options vesting twenty-five percent each year thereafter.