Skalski Steven Gerard 4
4 · ROOMLINX INC · Filed Mar 22, 2012
Insider Transaction Report
Form 4
ROOMLINX INCRMLX
Skalski Steven Gerard
Chief Operating Officer
Transactions
- Award
Common Stock Option
2012-03-14+10,000→ 40,000 totalExercise: $4.00Exp: 2019-03-14→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]Options vest on the anniversary of the grant date ratably over a three (3) year period, subject to the Company installing either Full or Mid iTV in 12,000 Hyatt rooms annually, or if such target is not achieved in a calendar year, such options shall vest in respect of the applicable year in an amount equal to the greater of (i) one-third of the amount of the subject Grant times the ratio of Hyatt rooms actually installed in such year divided by 12,000 but not to exceed 1.0 or (ii) the cumulative number of Hyatt rooms actually installed through the respective performance year divided by 12,000 times the number of performance years in effect minus previously vested options.