Snap Interactive, Inc 4
4 · Snap Interactive, Inc · Filed Oct 12, 2016
Insider Transaction Report
Form 4
Sackowitz Eric
Chief Technology Officer
Transactions
- Award
Stock Option (Right to Buy)
2016-10-07+548,710→ 548,710 totalExercise: $0.19Exp: 2023-08-01→ Common Stock (548,710 underlying)
Footnotes (2)
- [F1]All of the options were vested and exercisable at the time of the closing of the merger contemplated by that certain Agreement and Plan of Merger dated as of September 13, 2016 by and among Snap Interactive, Inc. (the "Issuer"), SAVM Acquisition Corporation (a wholly-owned subsidiary of the Issuer), A.V.M. Software, Inc., and Jason Katz as the representative of A.V.M. Software, Inc. (such transaction, the "Merger").
- [F2]Received in the Merger in exchange for an option to purchase up to 3,700 shares of the common stock of A.V.M. Software, Inc. at an exercise price of $27.46 per share.