SITO MOBILE, LTD. 4
4 · SITO MOBILE, LTD. · Filed Aug 11, 2016
Insider Transaction Report
Form 4
Hug, Gerard Francis
DirectorChief Executive Officer
Transactions
- Award
Options to Purchase Common Stock
2016-08-09+37,500→ 600,590 totalExercise: $4.00Exp: 2023-08-08→ Common Stock (37,500 underlying) - Award
Options to Purchase Common Stock
2016-08-09+300,000→ 563,090 totalExercise: $4.00From: 2016-08-09Exp: 2023-08-08→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]Includes perfomance options which have not yet been earned which are depending upon the achievement of certain corporate goals.
- [F2]The options granted are performance options and shall vest and become exercisable in 1/3 increments over a three year period commencing on the first anniversary of the date of grant. The maximum number of options subject to the grant shall be 37,500. The number of options to be received by the Reporting Person is dependent upon the achievement of certain corporate goals, determined by the Compensation Committee of the Issuer.