ELEPHANT TALK COMMUNICATIONS CORP 4
4 · ELEPHANT TALK COMMUNICATIONS CORP · Filed Oct 8, 2014
Insider Transaction Report
Form 4
Carroll Patrick M.
CEO of ValidSoft
Transactions
- Award
Common Stock
2014-10-06+32,600→ 547,608 total
Footnotes (1)
- [F1]The shares of Common Stock were issued to the reporting person pursuant to the Issuer's Amended and Restated 2008 Long-Term Incentive Compensation Plan, as amended, in respect of Q3 2014 service as an executive officer. The grant for Q3 2014 service represented a value of US $24,587.00. The number of shares issued was determined based on the average closing price of the Common Stock for the 10 trading days prior to the close of the quarter, discounted by 25%.