Flynn Stephen M 4
4 · PROGINET CORP · Filed Sep 14, 2010
Insider Transaction Report
Form 4
PROGINET CORPPRGF
Transactions
- Exercise/Conversion
Common Stock
2010-09-10$0.45/sh+300,000$135,000→ 380,646 total - Exercise/Conversion
Employee Stock Options (right to buy)
2010-09-10−300,000→ 0 totalExercise: $0.45Exp: 2018-10-07→ Common Stock (300,000 underlying) - Exercise/Conversion
Common Stock
2010-09-10$0.49/sh+100,000$49,000→ 480,646 total - Exercise/Conversion
Employee Stock Options (right to buy)
2010-09-10−100,000→ 0 totalExercise: $0.49From: 2009-04-05Exp: 2019-04-05→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]Option provides for vesting with respect to 100,000 shares on 10/7/2018, and with respect to 200,000 shares based on performance measures.