ROBLIN JOHN 4
4 · COVER ALL TECHNOLOGIES INC · Filed Jan 5, 2010
Insider Transaction Report
Form 4
COVER ALL TECHNOLOGIES INCCOVR.OB
ROBLIN JOHN
DirectorChairman and CEO
Transactions
- Award
Employee Stock Option (Right to Buy)
2010-01-01+150,000→ 150,000 totalExercise: $1.12From: 2010-12-31Exp: 2014-12-31→ Common Stock, $.01 par value (150,000 underlying) - Award
Common Stock, $.01 par value
2010-01-01+150,000→ 1,151,656 total
Footnotes (3)
- [F1]75,000 shares vest on December 31, 2010, or on such earlier date during that calendar year on which Mr. Roblin's employment may be terminated, and the remaining 75,000 shares vest on December 31, 2011, or on such earlier date during that calendar year on which Mr. Roblin's employment may be terminated.
- [F2]The exercise price per share is equal to the fair market value (as defined in the Company's Amended and Restated 2005 Stock Incentive Plan) of a share of the Company's common stock as of January 1, 2010, the date of grant.
- [F3]The option vests as to 75,000 shares on December 31, 2010, or on such earlier date during that calendar year on which Mr. Roblin's employment may be terminated, and as to the remaining 75,000 shares on December 31, 2011, or on such earlier date during that calendar year on which Mr. Roblin's employment may be terminated.