4//SEC Filing
Vape Holdings, Inc. 4
Accession 0001213900-15-001775
CIK 0001455819operating
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 8:20 PM ET
Size
9.2 KB
Accession
0001213900-15-001775
Insider Transaction Report
Form 4
Tracey Kyle J
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Stock
2015-03-12$0.61/sh+97,898$59,718→ 824,636 total - Award
Common Stock
2015-03-12$0.61/sh+30,000$18,300→ 854,636 total - Award
Common Stock
2015-03-12$0.61/sh+100,000$61,000→ 954,636 total
Footnotes (4)
- [F1]On March12, 2015, Mr. Kyle Tracey was issued 97,898 shares of restricted common stock of Vape Holdings, Inc. (the "Company") as payment of accrued but unpaid salary of $59,717.85 owed through December 31, 2014.
- [F2]On March 12, 2015, Mr. Tracey was issued 30,000 shares of restricted common stock of the Company pursuant to a year-end bonus stock grant authorized by the Board of Directors (the "Board").
- [F3]On March 12, 2015, Mr. Tracey was issued 100,000 shares of restricted common stock of the Company pursuant to a Board Compensation Plan adopted by the Company. Pursuant to the Plan, directors of the Company will be granted 400,000 shares of restricted common stock per year, which shares vest quarterly, to compensate directors for their services to the Company. The stock grant will be authorized at the beginning of each fiscal year and the shares will vest on the last day of each fiscal quarter that the director continues in their position on the Board. The 100,000 shares issued to Mr. Tracey are for services rendered as director for Q1 of this fiscal year.
- [F4]All of the above issuances to Mr. Tracey were valued at $0.61, the fair market value of the Company's common stock on the date of grant.
Documents
Issuer
Vape Holdings, Inc.
CIK 0001455819
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001455819
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 8:20 PM ET
- Size
- 9.2 KB