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4//SEC Filing

Trycera Financial, Inc. 4

Accession 0001162161-04-000132

CIK 0001117045operating

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 6:49 PM ET

Size

7.9 KB

Accession

0001162161-04-000132

Insider Transaction Report

Form 4
Period: 2004-11-15
Transactions
  • Purchase

    Common stock, par value $.001

    2004-11-15$0.75/sh+80$60500,080 total
Holdings
  • Options

    Exp: 2009-05-27Common stock, par value $.001 (750,000 underlying)
    750,000
  • Common stock, par value $.001

    (indirect: By Trust)
    90,000
Footnotes (2)
  • [F1]The exercise prices are as follows: $0.25 for the first 187,500 options; $0.45 for the second 187,500 options; $0.65 for third 187,500 options; and $0.85 for the final 187,500 options.
  • [F2]Mr. Kerper's options vest as follows: (i) 1/12th per quarter for each quarter the Issuer's revenue exceeds the previous quarter of revenue since date of hire, independent of whether the revenue is generated from acquisition or non-acquisition business activities; (ii) 1/12th for each $250,000 in aggregate gross revenue growth from the day he commenced work for the Issuer; (iii) at the three year six month anniversary of employment with the Issuer; and (iv) immediately in the event of a Corporate Transaction, as defined in the Issuer's 2004 Stock Option/Stock Issuance Plan. To date, 125,000 options are available for exercise.

Issuer

Trycera Financial, Inc.

CIK 0001117045

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001117045

Filing Metadata

Form type
4
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 6:49 PM ET
Size
7.9 KB