Lerner Clifford 4
4 · Snap Interactive, Inc · Filed Apr 12, 2013
Insider Transaction Report
Form 4
Lerner Clifford
DirectorPresident, CEO, CFO and CAO10% Owner
Transactions
- Award
Common Stock
2013-04-10+5,000,000→ 30,250,000 total
Footnotes (1)
- [F1]Represents restricted shares of common stock awarded to the reporting person on April 10, 2013 pursuant to a restricted stock award agreement (the "Award Agreement"). Such restricted shares will vest 50% on the third anniversary of the date of grant and 50% on the fourth anniversary of the date of grant; provided, that any unvested shares of restricted stock will vest immediately upon the effective date of a "change in control" (as defined in the Award Agreement), subject to the terms and conditions of the Award Agreement.