ELEPHANT TALK COMMUNICATIONS CORP 4
4 · ELEPHANT TALK COMMUNICATIONS CORP · Filed Jul 14, 2015
Insider Transaction Report
Form 4
Zuurbier Martin
DirectorCOO & CTO10% Owner
Transactions
- Award
Common stock
2015-07-10+138,253→ 840,985 total(indirect: See Footnote)
Footnotes (2)
- [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 Q2 2015 service as a non-employee officer. The grant for Q2 2015 service represented a value of US $41,928.00. 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%.
- [F2]Shares are held by Interact Holding W.L.L., an entity 100% owned by the Reporting Person.