POWELL DANIEL P. 4
4 · NEXEON MEDSYSTEMS INC · Filed May 1, 2018
Insider Transaction Report
Form 4
POWELL DANIEL P.
VP, SALES & MARKETING
Transactions
- Award
COMMON STOCK
2018-01-31$0.63/sh+8,160$5,100→ 8,160 total - Award
OPTIONS
2018-02-28+11,000→ 11,000 totalExercise: $0.76From: 2018-02-28Exp: 2021-02-28→ COMMON STOCK (11,000 underlying)
Footnotes (2)
- [F1]On January August 21, 2018, the Reporting Person acquired 8,160 shares of the Company's restricted common stock as compensation for marketing services provided by the Reporting Person as a consultant prior to the Reporting Person's employment with the Company. These shares were valued at $5,100 ($0.625 per share).
- [F2]On February 28, 2018, and pursuant to the Company's 2016 Ominbus Incentive Plan, the Company granted to the Reporting Person an option (the "Option") to purchase 11,000 shares of the Company's restricted common stock, at a price of $0.76 per share, as compensation for service as Vice President, Sales and Marketing of the Company. The term of the Option shall be for a period of three (3) years from the date of issue. The fair value of the Option was determined to be $2,481 using the Black-Sholes Option Pricing Model. The Option was immediately exercisable at date of issue.