Sysorex Global Holdings Corp. 4
4 · Sysorex Global Holdings Corp. · Filed Oct 31, 2014
Insider Transaction Report
Form 4
KHADER TANVEER
Director10% Owner
Transactions
- Award
Common Stock
2014-10-30+5,000→ 2,173,168 total - Award
Non-Qualified Stock Option
2014-10-30+10,000→ 10,000 totalExercise: $2.97Exp: 2024-10-23→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]The reporting person is a participant in the Company's Amended and Restated 2011 Employee Stock Incentive Plan, as amended from time to time (the "Plan"). Represents a fully vested restricted stock award granted for services to be rendered by the reporting person as a member of the Board of Directors pursuant to a Restricted Stock Award Agreement dated October 30, 2014.
- [F2]2,168,168 shares of common stock are owned directly by SyHolding Corp. and indirectly by the reporting person, who is the Treasurer of SyHolding. The reporting person disclaims benfecial ownership of the securities owned by SyHolding except to the extent of his pecuniary interest therein.
- [F3]The reporting person received a Non-Qualified Stock Option to purchase shares of the Company's common stock under the Plan for services to be rendered by the reporting person as a member of the Board of Directors pursuant to a Non-Qualified Stock Option Agreement dated October 30, 2014. The Non-Qualified Stock Option vests over a four-year period beginning on the issuance date in increments of 1/48th per month.