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4//SEC Filing

BRIGANTE MICHAEL THOMAS 4

Accession 0001209191-10-001567

CIK 0001006459other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 8:24 PM ET

Size

12.5 KB

Accession

0001209191-10-001567

Insider Transaction Report

Form 4
Period: 2009-12-31
BRIGANTE MICHAEL THOMAS
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2009-12-312,184,3760 total
  • Award

    Options to Purchase Common Stock

    2009-12-31+2,820,3137,929,687 total
    Exercise: $0.05Exp: 2018-07-30Common Stock (2,820,313 underlying)
  • Award

    Options to Purchase Common Stock

    2009-12-31+820,3138,750,000 total
    Exercise: $0.05Exp: 2018-07-30Common Stock (820,313 underlying)
Footnotes (4)
  • [F1]On May 4, 2009 and June 30, 2009, the Reporting Person exercised options to purchase 2,820,313 and 820,313 shares of common stock, respectively, by way of a cashless exercise, pursuant to which he received an aggregate of 2,184,376 shares of common stock, as previously reported by him on Forms 4 filed on May 7, 2009 and July 6, 2009, respectively. On December 31, 2009, the Reporting Person rescinded the foregoing exercises, pursuant to which all of such options were reinstated and all 2,184,376 shares of common stock were returned to the Issuer.
  • [F2]These options were originally granted by the Issuer to the Reporting Person on July 30, 2008.
  • [F3]Of the 8,750,000 options originally granted by the Issuer to the Reporting Person, 2,187,500 options vested on July 30, 2008 (the "Effective Date"), 820,313 options vested on the last day of each subsequent quarter commencing as of September 30, 2008 and 820,309 options vesting on the last day of the eighth, and final, calendar quarter following the Effective Date.
  • [F4]These options were granted to the Reporting Person as compensation for his services as Chief Financial Officer of the Issuer.

Issuer

Homeland Security Capital CORP

CIK 0001006459

Entity typeother

Related Parties

1
  • filerCIK 0001401102

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 8:24 PM ET
Size
12.5 KB