MASON ROGER L 4
4 · ICOP DIGITAL, INC · Filed Dec 31, 2009
Insider Transaction Report
Form 4
MASON ROGER L
Director
Transactions
- Award
Common Stock Option (Right to Buy)
2009-12-29+65,000→ 65,000 totalExercise: $0.42Exp: 2014-12-31→ Common Stock (65,000 underlying)
Footnotes (1)
- [F1]Granted under the Issuer's 2002 Stock Option Plan, as amended. The option will become exercisable on certification by the Issuer's Chief Financial Officer that the Issuer has, in any fiscal quarter beginning with the first fiscal quarter of 2010, met or exceeded a modified EBITDA break-even point for the quarter, as determined in accordance with GAAP, where modified EBITDA means earnings before interest, taxes, depreciation, amortization, and stock grant, stock option and warrant expense.