4//SEC Filing
PCS EDVENTURES COM INC 4
Accession 0001214659-15-008288
$PCSVCIK 0001122020operating
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 7:46 PM ET
Size
8.8 KB
Accession
0001214659-15-008288
Insider Transaction Report
Form 4
Redman K. Sue
Director
Transactions
- Award
Restricted Common Stock Unit
2015-06-01$0.15/sh+46,150$6,923→ 46,150 total - Award
Restricted Common Stock Unit
2015-09-24+81,000→ 81,000 totalExercise: $0.19From: 2016-09-30Exp: 2016-09-30→ Restricted Common Stock Unit (81,000 underlying)
Footnotes (4)
- [F1]Grant of Restricted Stock Units. The Board of Directors of the Company granted the reporting person (the "Participant") 46,150 restricted stock units (the "Restricted Stock Units") on June 1, 2015 (the "Grant Date"), in accordance with the provisions of Article 6 of the Company's 2009 Equity Compensation Plan (the "Plan"), representing compensation for board services for the period of June 1, 2015, through September 30, 2015. On September 30, 2015, the Plan's Vesting and Settlement conditions of:: (i) the Participant has been re-elected as a director at the annual meeting of the Company's shareholders in September 2015; and (ii) the Participant has continued to serve as a Company director through September 30, 2015, were satisfied.
- [F2]The Restricted Stock Units are revalued at date of vesting and were issued on November 16, 2015.
- [F3]Grant of Restricted Stock Units. The Board of Directors of the Company also granted the Participant 81,000 Restricted Stock Units on September 24, 2015 (the "Grant Date"), in accordance with the provisions of Article 6 of the Company's Plan, at the close of market price, representing compensation for board services for the period of October 1, 2015, through September 30, 2016. Each Restricted Stock Unit represents the right to receive one share of the Company's common stock in the future, subject to the restrictions and other conditions set forth in the Restricted Stock Unit Award Agreement (the "Agreement") and in the Plan.
- [F4]The Restricted Stock Units do not vest and are forfeitable until the "Vesting and Settlement" conditions of the Agreement have been satisfied. The Restricted Stock Units are revalued at date of vesting and are issued when administratively practicable.
Documents
Issuer
PCS EDVENTURES COM INC
CIK 0001122020
Entity typeoperating
IncorporatedID
Related Parties
1- filerCIK 0001122020
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 7:46 PM ET
- Size
- 8.8 KB