ALTEVA, INC. 4/A
4/A · ALTEVA, INC. · Filed Mar 19, 2014
Insider Transaction Report
Form 4/AAmended
ALTEVA, INC.ALTV
Callahan Brian H.
Executive Vice President-CFO
Transactions
- Award
Employee Stock Option (Right to Buy)
2013-03-11+9,500→ 9,500 totalExercise: $10.80Exp: 2023-03-11→ Common Stock (9,500 underlying)
Footnotes (2)
- [F1]The option shall vest and become exercisable as follows, with any fractional share resulting from such proration vesting on the third anniversary: (i) one third of the shares subject to the stock option upon the date that is one year from the date of the agreement if the participant continues to be employed by the Company on such date; (ii) an additional one-third of the shares subject to the stock option upon the date that is two years from the date of the agreement if the participant continues to be employed by the Company on such date; and (iii) the remaining one-third of the shares subject to the stock option upon the date that is three years from the date of the agreement if the participant continues to be employed by the Company on such date.
- [F2]This Amendment is filed to correct Form 4 filed 3/13/2013 which incorrectly reported 30,000 stock options awarded. This Form 4/A is to report the correct number of stock options awarded as 9,500.