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4//SEC Filing

PAID INC 4

Accession 0001144204-15-062797

$PAYDCIK 0001017655operating
View on SEC.govCompany Profile

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 4:31 PM ET

Size

21.4 KB

Accession

0001144204-15-062797

Insider Transaction Report

Form 4
Period: 2015-11-02
PAID INCPAYD
PILARO ANDREW
Director
Transactions
  • Award

    Stock Option (Right to Buy)

    2015-11-02+500,000→ 500,000 total
    Exercise: $0.00From: 2011-11-10Exp: 2021-11-10→ Common Stock (500,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2015-11-02+1,000,000→ 1,000,000 total
    Exercise: $0.00From: 2012-12-06Exp: 2022-12-06→ Common Stock (1,000,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2015-11-02+1,000,000→ 1,000,000 total
    Exercise: $0.09From: 2013-05-21Exp: 2013-05-21→ Common Stock (1,000,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2015-11-02+1,000,000→ 1,000,000 total
    Exercise: $0.00From: 2013-05-21Exp: 2013-05-21→ Common Stock (1,000,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2015-11-02+2,000,000→ 2,000,000 total
    Exercise: $0.05Exp: 2024-11-18→ Common Stock (2,000,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2015-11-02+2,000,000→ 2,000,000 total
    Exercise: $0.00Exp: 2024-11-18→ Common Stock (2,000,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2015-11-02+500,000→ 500,000 total
    Exercise: $0.14From: 2011-11-10Exp: 2021-11-10→ Common Stock (500,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2015-11-02+1,000,000→ 1,000,000 total
    Exercise: $0.05From: 2012-12-06Exp: 2022-12-06→ Common Stock (1,000,000 underlying)
Footnotes (3)
  • [F1]1,000,000 shares vested immediately and 1,000,000 shares vest on November 18, 2015.
  • [F2]Shares and prices are calculated pre-reverse stock split.
  • [F3]The eight reported transactions involved an amendment of four outstanding options, resulting in the deemed cancellation of the "old" options and the grant of four replacement options.

Documents

1 file

Issuer

PAID INC

CIK 0001017655

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001017655

Filing Metadata

Form type
4
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 4:31 PM ET
Size
21.4 KB
View on SEC.gov