Holleran Mark 4
4 · XPLORE TECHNOLOGIES CORP · Filed Apr 29, 2011
Insider Transaction Report
Form 4
Holleran Mark
President & COO
Transactions
- Award
Stock Option (Right to Buy)
2011-03-29$0.06/sh+13,000,000$780,000→ 6,016,668 totalExercise: $0.06Exp: 2016-03-29→ Common Stock (13,000,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-03-29$0.10/sh−3,753,656$375,366→ 6,016,668 totalExercise: $0.10Exp: 2011-03-29→ Common Stock (3,753,656 underlying)
Footnotes (3)
- [F1]3,250,000 options vested on March 29, 2011, 3,250,000 options will vest on March 29, 2012, 3,250,000 options will vest on March 29, 2013 and 3,250,000 will vest on March 29, 2014.
- [F2]Consists of shares of Issuer common stock that Mr. Holleran has the right to acquire under outstanding options exercisable within 60 days after March 29, 2011.
- [F3]Mr. Holleran voluntarily terminated all rights to the stock options reported as disposed of in exchange for the stock option grant on March 29, 2011.