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4//SEC Filing

Myman Darin M 4

Accession 0001213900-12-000905

CIK 0001335282other
View on SEC.govCompany Profile

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 2:31 PM ET

Size

13.0 KB

Accession

0001213900-12-000905

Insider Transaction Report

Form 4
Period: 2012-02-14
BigString CORPBSGC
Myman Darin M
DirectorPresident and CEO
Transactions
  • Award

    Stock Option (Right to Buy Common Stock)

    2012-02-14+500,000→ 500,000 total
    Exercise: $0.01From: 2012-02-14Exp: 2022-02-14→ Common Stock, $0.0001 par value (500,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy Common Stock)

    2012-02-14−500,000→ 0 total
    Exercise: $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+800,000→ 800,000 total
    Exercise: $0.01Exp: 2022-02-14→ Common Stock, $0.0001 par value (800,000 underlying)
Holdings

  • Common stock, par value $.0001 per share

    (indirect: By Children)
    900,000

  • Common stock, par value $.0001 per share

    (indirect: By Spouse)
    100,000

  • Common stock, par value $.0001 per share

    8,000,000
Footnotes (4)
  • [F1]Shares held by Mr. Myman's wife. Mr. Myman disclaims any beneficial interest with respect to such shares.
  • [F2]Shares held by Mr. Myman as custodian for his children under the Uniform Transfers to Minors Act. Mr. Myman disclaims any beneficial interest with respect to such shares.
  • [F3]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 500,000 shares of BigString's common stock (equal to the 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.
  • [F4]Stock options with respect to 200,000 shares vest on each of May 14, 2012; August 14, 2012; November 14, 2012; and February 14, 2013.

Documents

1 file

Issuer

BigString CORP

CIK 0001335282

→
Entity typeother

Related Parties

1
  • filerCIK 0001349673

Filing Metadata

Form type
4
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 2:31 PM ET
Size
13.0 KB
View on SEC.gov