4//SEC Filing
Bogolin Tony 4
Accession 0001213900-13-002736
CIK 0001381105other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 3:34 PM ET
Size
6.4 KB
Accession
0001213900-13-002736
Insider Transaction Report
Form 4
JBI, INC.JBII
Bogolin Tony
Chief Operating Officer
Transactions
- Award
Incentive Stock Options
2013-05-16+100,000→ 100,000 totalExercise: $0.55→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]On May 16, 2013, the Reporting Person was granted options to purchase 100,000 shares of the Issuer's common stock at an exercise price of $0.55 per share under the Issuer's 2012 Long-Term Incentive Plan.
- [F2]The options are subject to a vesting schedule whereby 50,000 options will vest on June 25, 2013 and 50,000 options will vest on June 25, 2014. The term of the options is the lesser of (a) ten (10) years, measured from the date immediately preceding the date on which the options were granted, or (b) seven (7) years from the applicable date of vesting.
- [F3]In accordance with Instruction 4 to this Form, Column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or expiration dates are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 500,000 shares of the Issuer. Information on prior grants can be found on the Reporting Person's Form 3 filed on July 5, 2012.
Documents
Issuer
JBI, INC.
CIK 0001381105
Entity typeother
Related Parties
1- filerCIK 0001553097
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 3:34 PM ET
- Size
- 6.4 KB