Home/Filings/4/0001191257-11-000005
4//SEC Filing

RISS PAUL H 4

Accession 0001191257-11-000005

CIK 0000090721other

Filed

Nov 22, 7:00 PM ET

Accepted

Nov 23, 5:32 PM ET

Size

6.2 KB

Accession

0001191257-11-000005

Insider Transaction Report

Form 4
Period: 2011-11-21
RISS PAUL H
DirectorChief Executive Officer
Transactions
  • Award

    Option to purchase common stock

    2011-11-21$0.01/sh+4,000,000$40,0004,000,000 total
    Exercise: $0.01Exp: 2016-11-21common stock (4,000,000 underlying)
Footnotes (2)
  • [F1]Options vest in three equal annual installments on November 21, 2012, 2013 and 2014.
  • [F2]Also directly owns warrants to purchase 56,000 shares of common stock at $2.00 per share, expiring on 9/18/2012; warrants to purchase 160,000 shares of common stock at $1.00 per share, expiring on 5/13/2020; contingent options to purchase 189,444 shares of common stock at $3.00 per share, expiring on 11/19/2012; warrants to purchase shares of commons stock at $0.10 per share for the following amounts and expiration dates: 1,040,000 shares expiring on 11/30/2020; 700,000 shares expiring on 1/25/2021; 1,800,000 shares expiring on 3/21/2021; 800,000 shares expiring on 5/19/2021 and 500,000 shares expiring on 5/23/2021. Also indirectly owns warrants to purchase 290,000 shares of common stock at $0.10 per share, expiring on 10/20/2020 and warrants to purchase 560,000 shares of common stock at $0.10 per share, expiring on 11/30/2020.

Issuer

PERVASIP CORP

CIK 0000090721

Entity typeother

Related Parties

1
  • filerCIK 0001191257

Filing Metadata

Form type
4
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 5:32 PM ET
Size
6.2 KB