SPARK NETWORKS INC 4
4 · SPARK NETWORKS INC · Filed Oct 15, 2015
Insider Transaction Report
Form 4
FRANCHINA GREGORY J
Chief Information Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2015-10-14−200→ 99,179 totalExercise: $3.00Exp: 2016-01-05→ Common Stock (200 underlying) - Sale
Common Stock
2015-10-13$3.45/sh−1,951$6,731→ 0 total - Sale
Common Stock
2015-10-14$3.45/sh−200$690→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2015-10-13−1,951→ 99,379 totalExercise: $3.00Exp: 2016-01-05→ Common Stock (1,951 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2015-10-15−69,928→ 29,251 totalExercise: $3.00Exp: 2016-01-05→ Common Stock (69,928 underlying) - Exercise/Conversion
Common Stock
2015-10-13$3.00/sh+1,951$5,853→ 1,951 total - Exercise/Conversion
Common Stock
2015-10-14$3.00/sh+200$600→ 200 total - Exercise/Conversion
Common Stock
2015-10-15$3.00/sh−69,928$209,784→ 69,928 total - Sale
Common Stock
2015-10-15$3.44/sh−69,928$240,538→ 0 total
Footnotes (3)
- [F1]The sales reported herein were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2015.
- [F2]The price reported in Table 1 Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.40 to $3.45, inclusive. The reporting person undertakes to provide to Spark Networks, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) in this Form 4.
- [F3]107,525 of the options vested on January 5, 2010 and the remaining options vested monthly in equal installments. Options are currently fully vested.