4//SEC Filing
IPASS INC 4
Accession 0001209191-13-054310
CIK 0001053374operating
Filed
Nov 26, 7:00 PM ET
Accepted
Nov 27, 1:12 PM ET
Size
7.9 KB
Accession
0001209191-13-054310
Insider Transaction Report
Form 4
IPASS INCIPAS
BOWER JUNE
Chief Marketing Officer
Transactions
- Award
Common Stock
2013-11-25+80,000→ 80,000 total - Award
Stock Option (right to buy)
2013-11-25$1.71/sh+360,000$615,600→ 360,000 totalExercise: $1.71From: 2013-11-25Exp: 2023-11-24→ Common Stock (360,000 underlying)
Footnotes (2)
- [F1]Restricted stock awards (RSA) fully vest December 31, 2017. Awards are subject to accelerated vesting as follows: 25% of shares shall vest on date 2 business days after the Company has released to the public that it has achieved $88 million ($22M in qtrly OM revenue) or more of open mobile annual run rate revenue in a calendar qtr 25% of shares shall vest on date 2 business days after the Company has released to the public that it has achieved $100 million ($25M in qtrly OM revenue) or more of open mobile annual run rate revenue in a calendar qtr 25% of shares shall vest on date 2 business days after the Company has released to the public that it has achieved $112 million ($28M in qtrly OM revenue) or more of open mobile annual run rate revenue in a calendar qtr 25% of shares shall vest on date 2 business days after the Company has released to the public that it has achieved $124 million ($31M in qtrly OM revenue) or more of open mobile annual run rate revenue in a calenda
- [F2]25% of the shares will vest on the first anniversary of the date of the grant with the remaining shares vesting in 36 equal monthly installments thereafter.
Documents
Issuer
IPASS INC
CIK 0001053374
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001053374
Filing Metadata
- Form type
- 4
- Filed
- Nov 26, 7:00 PM ET
- Accepted
- Nov 27, 1:12 PM ET
- Size
- 7.9 KB