LIPSCHITZ LOUIS 4
4 · MAJESCO ENTERTAINMENT CO · Filed Feb 7, 2012
Insider Transaction Report
Form 4
LIPSCHITZ LOUIS
Director
Transactions
- Award
Restricted Common Stock
2012-02-03+3,906→ 170,257 total - Sale
Common Stock
2012-02-03$2.61/sh−1,591$4,153→ 168,666 total
Footnotes (3)
- [F1]Quarterly restricted stock grant pursuant to the Issuer's director compensation policy that vests 180 days from the grant date.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan.
- [F3]The reporting person's August 5, 2011 Form 4 filing inadvertently failed to include 4,032 shares in the amount of securities beneficially owned. This beneficial holding is updated to correct that error.