4//SEC Filing
Jacobs Steven C 4
Accession 0001181431-12-019475
CIK 0001261436other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 5:07 PM ET
Size
8.0 KB
Accession
0001181431-12-019475
Insider Transaction Report
Form 4
Jacobs Steven C
DirectorChief Financial Officer
Transactions
- Other
Stock Option (right to buy)
2012-03-22−20,000→ 0 totalExercise: $0.50Exp: 2012-03-22→ Common Stock (20,000 underlying) - Award
Stock Option (right to buy)
2012-03-22+20,000→ 20,000 totalExercise: $0.75From: 2012-03-22Exp: 2019-03-22→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Represents options that were cancelled, in consideration, in part, for the issuance of options, as reported above. The options vested immediately upon issuance, in part, for services rendered by the reporting person as an officer and director of the Issuer. The cancellation and issuance of the options were exempt from section 16(b) pursuant to rule 16b-3.
- [F2]The options were issued in consideration, in part, for the cancellation of the options described in note (1) above.
- [F3]The options are immediately exercisable.
Documents
Issuer
SUMMIT FINANCIAL SERVICES GROUP INC
CIK 0001261436
Entity typeother
Related Parties
1- filerCIK 0001292866
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 5:07 PM ET
- Size
- 8.0 KB