TRACEGUARD TECHNOLOGIES, INC. 4
4 · TRACEGUARD TECHNOLOGIES, INC. · Filed May 31, 2007
Insider Transaction Report
Form 4
GANANI EHUD
DirectorChairman and CEO
Transactions
- Award
Options to purchase common stock
2007-05-29+1,450,000→ 1,450,000 totalExercise: $0.35Exp: 2014-05-29→ Common Stock (1,450,000 underlying)
Holdings
- 550,000
Common Stock, par value $.001 per share
Footnotes (2)
- [F1]These shares were issued as restricted stock units pursuant to the issuer's 2006 Global Stock Incentive Plan and are subject to the following vesting conditions: 58.333% of the shares are fully vested and the remianing 41.667% of the shares vest in 5 quarterly installments of 8.333% each, beginning on July 1, 2007.
- [F2]Subject to certain conditions, the stock option vests and becomes exercisable as follows: 290,000 shares on September 1, 2007; 300,000 shares on April 1, 2008; 135,000 shares on july 1, 2008; and 725,000 shares on April 1, 2009.