Snap Interactive, Inc 4
4 · Snap Interactive, Inc · Filed Oct 12, 2016
Insider Transaction Report
Form 4
Vakil Arash
Chief Product Officer
Transactions
- Award
Stock Option (Right to Buy)
2016-10-07+1,112,250→ 1,112,250 totalExercise: $0.15Exp: 2025-06-17→ Common Stock (1,112,250 underlying)
Footnotes (2)
- [F1]All of the options vested and became exercisable upon 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 7,500 shares of the common stock of A.V.M. Software, Inc. at an exercise price of $21.96 per share.