Strauss Andrew R. 4
4 · Marine Drive Mobile Corp. · Filed Sep 13, 2011
Insider Transaction Report
Form 4
Strauss Andrew R.
Chief Technical Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2011-09-12+2,400,000→ 2,400,000 totalExercise: $0.25Exp: 2021-09-12→ Common Stock (2,400,000 underlying)
Footnotes (1)
- [F1]The option shall vest with respect to 300,000 shares on the twelve month anniversary of the date of grant, and with respect to an additional 1/7th of the remaining shares subject to the option, when the reporting person completes each additional three-month period of continuous service thereafter, such that all of the shares shall completely vest thirty-three (33) months from the date of grant.