4//SEC Filing
Vape Holdings, Inc. 4
Accession 0001213900-15-007922
CIK 0001455819operating
Filed
Oct 25, 8:00 PM ET
Accepted
Oct 26, 5:08 PM ET
Size
9.4 KB
Accession
0001213900-15-007922
Insider Transaction Report
Form 4
Tracey Kyle J
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Stock
2015-10-22$0.02/sh+2,083,333$50,000→ 2,937,969 total - Disposition to Issuer
Stock Options
2015-10-22−175,000→ 500,000 totalExercise: $0.70From: 2014-12-22Exp: 2024-12-22→ Common Stock (175,000 underlying) - Disposition to Issuer
Common Stock
2015-10-22−130,000→ 2,807,969 total
Footnotes (3)
- [F1]On October 22, 2015, Mr. Kyle Tracey was issued 2,083,333 shares of Vape Holdings, Inc. (the "Company") common stock by the Board of Directors of the Company (the "Board"), valued at $0.024 per share (FMV on date of grant), as compensation for accrued but unpaid salary of $50,000.00 through September 30, 2015.
- [F2]On October 22, 2015, pursuant to a Stock Surrender Agreement by and between Kyle Tracey and the Company, Mr. Tracey agreed to surrender 130,000 shares of common stock of the Company held by him back to the Company.
- [F3]On October 22, 2015, Mr. Tracey agreed to surrender 175,000 options to purchase the Company's common stock with an exercise price of $0.70 per share (FMV on date of grant) back to the Company. The Board cancelled and terminated the 2014 Incentive and Nonstatutory Stock Option Plan following all optionholders voluntarily agreeing to surrender their stock options.
Documents
Issuer
Vape Holdings, Inc.
CIK 0001455819
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001455819
Filing Metadata
- Form type
- 4
- Filed
- Oct 25, 8:00 PM ET
- Accepted
- Oct 26, 5:08 PM ET
- Size
- 9.4 KB