Peleg Gadi 4
4 · INKSURE TECHNOLOGIES INC. · Filed Feb 17, 2010
Insider Transaction Report
Form 4
INKSURE TECHNOLOGIES INC.INKS.OB
Peleg Gadi
DirectorChairman of the Board
Transactions
- Award
Options
2010-01-19+1,250,000→ 1,250,000 totalExercise: $0.14From: 2010-01-19Exp: 2015-01-18→ Common Stock (1,250,000 underlying)
Footnotes (3)
- [F1]These options vest as follows: 500,000 options on January 19, 2010, and the remaining 750,000 options in three equal installments on January 19, 2011, January 19, 2012 and January 19, 2013.
- [F2]The option grant reported above replaces and cancels any previous options that were issued by the Company to the Reporting Person under the Company's Employee Stock Option Plan.
- [F3]This options grant is conditioned upon the resolution of the board of directors of the company to increase the number of Shares authorized under the 2002 Employee, Director and Consultant Stock Option Plan.