4//SEC Filing
MAJESCO ENTERTAINMENT CO 4
Accession 0001144204-14-075093
CIK 0001076682operating
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 5:06 PM ET
Size
8.2 KB
Accession
0001144204-14-075093
Insider Transaction Report
Form 4
Aronson Laurence
Director
Transactions
- Award
Restricted Common Stock
2014-12-17+23,295→ 63,419 total - Award
Stock Options
2014-12-17+71,705→ 71,705 totalExercise: $0.68→ Common Stock (71,705 underlying)
Footnotes (3)
- [F1]Shares of Restricted Common Stock were granted under the terms of the Issuer's Amended and Restated 2004 Employee, Director and Consultant Incentive Plan and vesting is contingent on the occurrence of (i) one or more acquisitions by the Issuer of any business, assets, stock licenses, interests or properties approved by the stockholders of the Issuer or any acquisition involving assets, shares of capital stock, any purchase, merger, consolidation, recapitalization, or reorganization or involving any licensing, royalties, sharing arrangement or otherwise, which value of such transaction is in excess of $25,000,000 for the Issuer's interest therein, (ii) a public or private financing in which the Issuer receives gross proceeds of at least $7,500,000 in one or more transactions or (iii) a change of control (such events listed in (i) through (iii), a "Triggering Event").
- [F2]The Stock Options were granted under the Issuer's 2014 Equity Incentive Plan (the "2014 Plan") and vesting is contingent on shareholder approval of the 2014 Plan and the occurrence of a Triggering Event.
- [F3]The expiration date of the Stock Options shall be five years from the date of a Triggering Event.
Documents
Issuer
MAJESCO ENTERTAINMENT CO
CIK 0001076682
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001076682
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 5:06 PM ET
- Size
- 8.2 KB