4//SEC Filing
Kotkin Adam M 4
Accession 0001213900-12-000903
CIK 0001335282other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 2:30 PM ET
Size
13.4 KB
Accession
0001213900-12-000903
Insider Transaction Report
Form 4
BigString CORPBSGC
Kotkin Adam M
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy Common Stock)
2012-02-14−400,000→ 0 totalExercise: $0.17Exp: 2017-11-14→ Common Stock, $0.0001 par value (400,000 underlying) - Award
Stock Option (Right to Buy Common Stock)
2012-02-14−900,000→ 900,000 totalExercise: $0.01From: 2012-02-14Exp: 2022-02-14→ Common Stock, $0.0001 par value (900,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy Common Stock)
2012-02-14−500,000→ 0 totalExercise: $0.21Exp: 2013-04-11→ Common Stock, $0.0001 par value (500,000 underlying) - Award
Stock Option (Right to Buy Common Stock)
2012-02-14−400,000→ 400,000 totalExercise: $0.01Exp: 2022-02-14→ Common Stock, $0.0001 par value (400,000 underlying)
Holdings
- 722,500
Common stock, par value $.0001 per share
Footnotes (2)
- [F1]Stock options were cancelled by BigString Corporation on February 14, 2012 in connection with the issuance to the reporting person of stock options to acquire 900,000 shares of BigString's common stock (equal to the aggregate number of stock options cancelled) at an exercise price of $.015 per share. On February 13, 2012, the last trading day before the date of issuance of the new stock options, the closing price of BigString's common stock as reported on the OTC Pink Sheets was $.004 per share. The cancelled stock options were fully vested on the date of cancellation, and the new stock options were fully vested on the date of issuance.
- [F2]Stock options with respect to 100,000 shares vest on each of May 14, 2012; August 14, 2012; November 14, 2012; and February 14, 2013.
Documents
Issuer
BigString CORP
CIK 0001335282
Entity typeother
Related Parties
1- filerCIK 0001349671
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 2:30 PM ET
- Size
- 13.4 KB