Bell Bryan J 4
4 · XPLORE TECHNOLOGIES CORP · Filed Apr 29, 2011
Insider Transaction Report
Form 4
Bell Bryan J
Vice President-Engineering
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-03-29$0.10/sh−1,879,358$187,936→ 1,000,000 totalExercise: $0.10Exp: 2011-03-29→ Common Stock (1,879,358 underlying) - Award
Stock Option (Right to Buy)
2011-03-29$0.06/sh+4,000,000$240,000→ 1,000,000 totalExercise: $0.06Exp: 2016-03-29→ Common Stock (4,000,000 underlying)
Footnotes (3)
- [F1]1,000,000 options vested on March 29, 2011, 1,000,000 options will vest on March 29, 2012, 1,000,000 options will vest on March 29, 2013 and 1,000,000 will vest on March 29, 2014.
- [F2]Consists of shares of Issuer common stock that Mr. Bell has the right to acquire under outstanding options exercisable within 60 days after March 29, 2011.
- [F3]Mr. Bell voluntarily terminated all rights to the stock options reported as disposed of in exchange for the stock option grant on March 29, 2011.