4/A//SEC Filing
Wasik Michael S 4/A
Accession 0001188112-13-000030
CIK 0001021096other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 7:45 PM ET
Size
6.2 KB
Accession
0001188112-13-000030
Insider Transaction Report
Form 4/AAmended
ROOMLINX INCRMLX
Wasik Michael S
DirectorCEO and Chairman
Transactions
- Award
Common Stock Options
2012-03-14+117,500→ 330,878 totalExercise: $2.10Exp: 2020-01-01→ Common Stock (117,500 underlying)
Footnotes (2)
- [F1]On December 27, 2012, the Board of Directors determined to reduce the exercise price of these options from $4.00 per share as originally reported to $2.10 per share.
- [F2]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.
Documents
Issuer
ROOMLINX INC
CIK 0001021096
Entity typeother
Related Parties
1- filerCIK 0001335899
Filing Metadata
- Form type
- 4/A
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 7:45 PM ET
- Size
- 6.2 KB