Johnson Jack Jay 4
4 · ACTIVECARE, INC. · Filed Aug 10, 2009
Insider Transaction Report
Form 4
ACTIVECARE, INC.RMDX
Johnson Jack Jay
Director
Transactions
- Award
Options
2009-06-23+125,000→ 125,000 totalExercise: $1.25From: 2009-06-23Exp: 2014-06-22→ Common Stock (125,000 underlying)
Footnotes (1)
- [F1]The options granted vest as follows: 15,000 vest when the Company's common stock begins trading or when the Company is sold; 15,000 vest when the Company reaches $5,000,000 in annualized revenue; 15,000 vest when the Company reaches $10,000,000 in annualized revenue; 20,000 vest when the Company reaches $15,000,000 in annualized revenue; 20,000 vest when the Company reaches $20,000,000 in annualized revenue; 20,000 vest when the Company reaches $25,000,000 in annualized revenue; and 20,000 vest when the Company achieves profitability.