WIRELESS RONIN TECHNOLOGIES INC 4

4 · WIRELESS RONIN TECHNOLOGIES INC · Filed Feb 6, 2007

Form 4

Period: 2007-02-02

Director

Transactions

Award
Stock Option (right to buy)
2007-02-02+40,000→ 40,000 total
Exercise: $4.00Exp: 2011-02-27→ Common Stock (40,000 underlying)

Holdings

Common Stock
(indirect: See Footnote)
69,622
Warrant to Purchase Common Stock
(indirect: See footnote)
Exercise: $9.00From: 2005-05-10Exp: 2010-05-10→ Common Stock (5,555 underlying)
5,555
Warrant to purchase Common Stock
Exercise: $9.00From: 2005-06-23Exp: 2010-06-23→ Common Stock (2,083 underlying)
2,083
Common Stock
18,333
Warrant to Purchase Common Stock
(indirect: See footnote)
Exercise: $9.00From: 2005-05-26Exp: 2010-05-26→ Common Stock (2,777 underlying)
2,777

Footnotes (3)

[F1]SHAG LLC, a Minnesota limited liability company, is the direct beneficial owner of 69,622 shares of common stock and 11,109 warrants to purchase common stock. Dr. Schnell is a member of SHAG LLC and owns 25% of its membership interests. As a result, the reporting person may be deemed the indirect beneficial owner of such securities.
[F2]Granted under the Company's 2006 Non-Employee Director Stock Option Plan, which was approved by the Company's shareholders on February 2, 2007, pursuant to the requirements of Rule 16b-3.
[F3]This option vests to the extent of 10,000 shares on February 2, 2007, and 10,000 shares upon the reporting person's reelection to the board each year thereafter.

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