Christel Joseph 4
4 · PROGINET CORP · Filed Sep 14, 2010
Insider Transaction Report
Form 4
PROGINET CORPPRGF
Transactions
- Exercise/Conversion
Common Stock
2010-09-10$0.49/sh+200,000$98,000→ 200,000 total - Exercise/Conversion
Employee Stock Options (right to buy)
2010-09-10−200,000→ 0 totalExercise: $0.49Exp: 2019-04-27→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]Option provides for vesting in twelve equal quarterly installments commencing on 4/27/2010. Upon appointment as CFO, the first four quarters of vesting are accelerated to the date of appointment.