EVINE Live Inc. 4
4 · EVINE Live Inc. · Filed Mar 30, 2016
Insider Transaction Report
Form 4
EVINE Live Inc.EVLV
VASSALLO NICK
SVP, Corporate Controller
Transactions
- Purchase
Common Stock
2016-03-28$0.85/sh+16,700$14,245→ 55,407 total - Award
Common Stock
2016-03-28+46,023→ 101,430 total - Award
Stock Option (right to buy)
2016-03-28+68,660→ 68,660 totalExercise: $0.66Exp: 2026-03-28→ Common Stock (68,660 underlying)
Footnotes (5)
- [F1]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.8443 to $0.8595, inclusive. The reporting person undertakes to provide to the SEC, EVINE Live Inc. (the "Company"), or any securityholder of the Company, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]Represents a grant of restricted stock as a long term incentive award issued pursuant to the Company's 2011 Omnibus Incentive Plan. The award vests in three equal installments on each of the first three anniversaries of the date of grant.
- [F3]This amount includes 60,072 shares of restricted stock that were issued pursuant to the Company's 2011 Omnibus Incentive Plan and are subject to vesting. Of these 60,072 shares of restricted stock, (x) 2,833.5 shares vested on November 25, 2015 and an additional 2,833.5 shares will vest on November 25, 2016, (y) 2,794 shares vested on March 20, 2016 and an additional 5,588 shares will vest in two equal annual installments on March 20, 2017 and March 20, 2018, respectively, and (z) 46,023 shares will vest in three equal annual installments on March 28, 2017, March 28, 2018 and March 28, 2019.
- [F4]Grant issued effective as of March 28, 2016 as a long term incentive award pursuant to the Company's 2011 Omnibus Incentive Plan.
- [F5]The award vests in three equal installments on each of the first three anniversaries of the date of grant.