WIRELESS RONIN TECHNOLOGIES INC 4
4 · WIRELESS RONIN TECHNOLOGIES INC · Filed Feb 6, 2007
Insider Transaction Report
Form 4
Schnell William F
Director
Transactions
- Award
Stock Option (right to buy)
[F2][F3]2007-02-02+40,000→ 40,000 totalExercise: $4.00Exp: 2011-02-27→ Common Stock (40,000 underlying)
Holdings
- 18,333
Common Stock
- 69,622(indirect: See Footnote)
Common Stock
[F1] - 5,555(indirect: See footnote)
Warrant to Purchase Common Stock
[F1]Exercise: $9.00From: 2005-05-10Exp: 2010-05-10→ Common Stock (5,555 underlying) - 2,777(indirect: See footnote)
Warrant to Purchase Common Stock
[F1]Exercise: $9.00From: 2005-05-26Exp: 2010-05-26→ Common Stock (2,777 underlying) - 2,083
Warrant to purchase Common Stock
Exercise: $9.00From: 2005-06-23Exp: 2010-06-23→ Common Stock (2,083 underlying) - 2,777(indirect: See footnote)
Warrant to Purchase Common Stock
[F1]Exercise: $9.00From: 2005-11-04Exp: 2010-11-04→ Common Stock (2,777 underlying)
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.
Signature
/s/ John A. Witham, Attorney-in-fact|2007-02-06