Shinn Hal 4
4 · POKERTEK, INC. · Filed Sep 25, 2009
Insider Transaction Report
Form 4
POKERTEK, INC.PTEK
Shinn Hal
Chief Technology Officer
Transactions
- Other
Stock Options
2009-09-22+90,000→ 90,000 totalExercise: $0.81From: 2010-03-11Exp: 2019-09-11→ Common (90,000 underlying)
Footnotes (1)
- [F1]Reporting Person received options to purchase 90,000 shares of common stock of PokerTek, Inc. in exchange for cancellation of outstanding options to purchase 90,000 shares of common stock of PokerTek, Inc., the new options having a reduced exercise price and shortened vesting period. The transaction was a negotiated one in which the Company's offer was made on September 11, 2009, with the exercise price based on the closing bid price on that date of $0.81. The Reporting Person was given the opportunity to evaluate the offer and to accept it effective September 22, 2009.