Lang Robert Martin 4
4 · Trycera Financial, Inc. · Filed Jun 20, 2007
Insider Transaction Report
Form 4
Lang Robert Martin
Director
Transactions
- Award
Options
2007-06-18+45,000→ 45,000 totalExercise: $1.01Exp: 2017-06-18→ Common stock (45,000 underlying)
Holdings
- 45,000
Options
Exercise: $1.00From: 2007-06-16Exp: 2016-06-16→ Common stock (45,000 underlying) - 25,000
Warrants
From: 2006-06-09Exp: 2013-06-30→ Common stock (25,000 underlying) - 50,000
Common stock, par value $.001
Footnotes (3)
- [F1]Options vest as follows: 1/4th of the total options granted at the end of each three-month period, which initial period shall commence on the day of the grant, and immediately in the event of a Corporate Transaction, as defined in the Plan of the Issuer.
- [F2]Options granted for continued service on board of directors and on compensation and audit committees.
- [F3]The warrants are exercisable at $1.25 per share with certain incentives to exercise early. The incentives are: (i) exercisable through two years from June 30, 2006, at $1.00 per share; (ii) after two years and through four years from June 30, 2006, exercisable at $1.125 per share; and (iii) after four years from June 30, 2006, exercisable at $1.25 per share.