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4//SEC Filing

Trycera Financial, Inc. 4

Accession 0001162161-04-000133

CIK 0001117045operating

Filed

Dec 20, 7:00 PM ET

Accepted

Dec 21, 6:18 PM ET

Size

7.2 KB

Accession

0001162161-04-000133

Insider Transaction Report

Form 4
Period: 2004-11-15
Kerper Matthew Stuart
DirectorPresident10% Owner
Transactions
  • Purchase

    Common stock, par value $.001

    2004-11-15$0.75/sh+85$64950,085 total
Holdings
  • Options

    Exp: 2009-05-27Common stock, par value $.001 (1,000,000 underlying)
    1,000,000
Footnotes (2)
  • [F1]The exercise prices are as follows: $0.25 for the first 250,000 options; $0.45 for the second 250,000 options; $0.65 for the third 250,000 options; and $0.85 for the final 250,000 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 his 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 his day of commencement of work with the Issuer; (iii) on the three year six month anniversary of his 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, 166,667 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 20, 7:00 PM ET
Accepted
Dec 21, 6:18 PM ET
Size
7.2 KB