Kocienski Robert 4
4 · AMERICAN WAGERING INC · Filed Dec 14, 2010
Insider Transaction Report
Form 4
AMERICAN WAGERING INCBETM.OB
Kocienski Robert
COO/PFO
Transactions
- Award
Option/Right to Buy
2010-11-11$0.27/sh+1,047,490$282,822→ 1,047,490 totalExercise: $0.27From: 2011-01-01Exp: 2020-11-11→ Common Stock (1,047,490 underlying)
Footnotes (1)
- [F1]On November 11, 2010, Robert Kocienski was appointed Chief Operating Officer and Principal Financial Officer of American Wagering, Inc. (the "Company"). On that date, the Company granted Mr. Kocienski an option to purchase 1,047,090 shares of the Company's common stock pursuant to the Company's 2010 Stock Option Plan (the "Plan"), at an exercise price of $0.27 per share. The grant was exempt under Rule 16b-3. The option vests in installments of 440,000 on January 1, 2011, 432,908 on July 1, 2011 and 174,582 on July 1, 2012. The option grant and the Plan are subject to approval by the Company's stockholders at the Company's Annual Meeting to be held on December 22, 2010.