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Home/Filings/4/0001209191-10-062155

4//SEC Filing

Schwerin Samuel L 4

Accession 0001209191-10-062155

CIK 0001053374other

View on SEC.gov Company Profile

Filed

Dec 21, 7:00 PM ET

Accepted

Dec 22, 1:57 PM ET

Size

24.3 KB

Accession

0001209191-10-062155

Insider Transaction Report

Form 4

Period: 2010-12-21

Schwerin Samuel L

Director10% Owner

Transactions

Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−30,000→ 0 total
Exercise: $1.12From: 2010-12-21Exp: 2020-01-22→ Common Stock (30,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−15,000→ 0 total
Exercise: $1.08From: 2010-12-21Exp: 2020-06-08→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+120→ 120 total
Exercise: $1.17From: 2010-12-21Exp: 2020-06-08→ Common Stock (120 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+15,000→ 15,000 total
Exercise: $1.02From: 2010-12-21Exp: 2020-06-08→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+30,000→ 30,000 total
Exercise: $1.06From: 2010-12-21Exp: 2020-01-22→ Common Stock (30,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−15,000→ 0 total
Exercise: $1.08From: 2010-12-21Exp: 2020-06-08→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+240→ 240 total
Exercise: $1.17From: 2010-12-21Exp: 2020-01-22→ Common Stock (240 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+15,000→ 15,000 total
Exercise: $1.02From: 2010-12-21Exp: 2020-06-08→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+120→ 120 total
Exercise: $1.17From: 2010-12-21Exp: 2020-06-08→ Common Stock (120 underlying)

Footnotes (2)

[F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The amendemnt of the option was made in connection with a $0.07/share special dividend payable to stockholders of record as of November 18, 2010. The replacement option has the same vesting schedule as the "old" option.
[F2]The grant was made in connection with a $0.07/share special dividend payable to stockholders of record as of Novermber 18, 2010. The shares were granted with the same vesting schedule as the corresponding replacement option grant.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

IPASS INC

CIK 0001053374

Entity typeother

Related Parties

1

filerCIK 0001382615

Filing Metadata

Form type: 4
Filed: Dec 21, 7:00 PM ET
Accepted: Dec 22, 1:57 PM ET
Size: 24.3 KB

View on SEC.gov