4//SEC Filing
TRANS WORLD CORP 4
Accession 0001204348-15-000001
CIK 0000914577operating
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 10:12 AM ET
Size
6.0 KB
Accession
0001204348-15-000001
Insider Transaction Report
Form 4
TRANS WORLD CORPTWOC
Bennett Patrick John SR
Director
Transactions
- Award
Options
2015-04-15$2.75/sh+10,000$27,500→ 17,180 totalExercise: $2.75From: 2015-04-15Exp: 2020-04-15→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]On April 15, 2015, Mr. Bennett was granted five-year (5) non-qualified stock options (NQSOs) to purchase 10,000 shares of the Company's common stock, $.001 par value per share (Common Stock). The grant will vest automatically without any other condition or requirement in four equal parts, with the first part vested immediately upon the grant date, and another part will vest upon the first anniversary of the grant date, and another part will vest upon the second anniversary of the grant date, and so on. The exercise price is set at $2.75, the market closing price of the grant date. On each anniversary of the grant date, the exercise price of the NQSOs, vested or unvested, shall increase by four percent (4%), to $2.86, and so on.
Documents
Issuer
TRANS WORLD CORP
CIK 0000914577
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000914577
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 10:12 AM ET
- Size
- 6.0 KB