GRANDPARENTS.COM, INC. 4
4 · GRANDPARENTS.COM, INC. · Filed Jul 3, 2014
Insider Transaction Report
Form 4
GRANDPARENTS.COM, INC.GPCM.OB
HARRIS MEL
Director
Transactions
- Award
Common Stock Warrant (Right to Buy)
2014-07-01+5,000,000→ 5,000,000 total(indirect: See footnote)Exercise: $0.34Exp: 2019-07-01→ Common Stock (5,000,000 underlying)
Footnotes (2)
- [F1]The reported securities were issued pursuant to the terms of a Consulting Agreement, dated as of July 1, 2014, by and between the issuer and the reporting person. The warrant was immediately vested with respect to 2,500,000 shares of common stock upon execution of the Consulting Agreement and the balance shall vest at the rate of 312,500 warrants quarter-annually for eight (8) quarters commencing ninety (90) days from the date of the execution of the Consulting Agreement.
- [F2]The reported securities are held by the Mel Harris Declaration of Trust Dated June 6, 2002.