Vape Holdings, Inc. 4
4 · Vape Holdings, Inc. · Filed Jun 2, 2015
Insider Transaction Report
Form 4
Tracey Kyle J
DirectorChief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Options
2015-05-11$1.66/sh−190,000$315,400→ 675,000 totalExercise: $1.66From: 2014-06-24Exp: 2024-06-24→ Common Stock (190,000 underlying) - Disposition to Issuer
Common Stock
2015-05-11−100,000→ 854,636 total
Footnotes (2)
- [F1]On May 11, 2015, pursuant to a Stock Surrender Agreement by and between Kyle Tracey and Vape Holdings, Inc. (the "Company"), Mr. Tracey agreed to surrender 100,000 shares of common stock of the Company held by him back to the Company.
- [F2]On May 11, 2015, Mr. Tracey agreed to surrender 190,000 options to purchase the Company's common stock with an exercise price of $1.66 per share (FMV on date of grant) back to the Company. Mr. Tracey still holds 175,000 options to purchase the Company's common stock at $0.70 per share (FMV on date of grant), subject to vesting restrictions as previously disclosed.