4//SEC Filing
hopTo Inc. 4
Accession 0001181431-14-038326
$HPTOCIK 0001021435operating
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 6:21 PM ET
Size
10.3 KB
Accession
0001181431-14-038326
Insider Transaction Report
Form 4
hopTo Inc.HPTO
Cronin John
Director
Transactions
- Disposition to Issuer
Employee Stock Options (right to buy)
2014-12-04−300,000→ 0 totalExercise: $0.37From: 2012-12-20Exp: 2022-12-19→ Common Stock (300,000 underlying) - Award
Employee Stock Options
2014-12-04+233,333→ 233,333 totalExercise: $0.17From: 2014-12-04Exp: 2024-12-03→ Common Stock (233,333 underlying) - Award
Employee Stock Options (right to buy)
2014-12-04+300,000→ 300,000 totalExercise: $0.17From: 2012-12-20Exp: 2022-12-19→ Common Stock (300,000 underlying)
Footnotes (5)
- [F1]The board of directors of Issuer amended Reporting Person's employee stock options (right to buy) granted to him December 20, 2012 (the "Original Option") by reducing their exercise price to the opening price of Issuer's common stock on the transaction date. Such amendment has the effect of cancelling the Original Options and granting new options (the "Replacement Options"). All other terms, including vesting and expiration of the Replacement Options, are identical to the Original Options. The Replacement Options will be fully vested on December 20, 2015.
- [F2]See footnote 1.
- [F3]Grant of employee stock options (right to buy) pursuant to Issuer's 2012 Equity Incentive Plan.
- [F4]Options vest in 36 equal monthly installments beginning on December 15, 2014.
- [F5]Reporting Person also holds 400,000 employee stock options (right to buy), granted December 8, 2011.
Documents
Issuer
hopTo Inc.
CIK 0001021435
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001021435
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 6:21 PM ET
- Size
- 10.3 KB