JONES GARY A 4
4 · ANDREA ELECTRONICS CORP · Filed Jan 4, 2011
Insider Transaction Report
Form 4
JONES GARY A
Director
Transactions
- Small Acquisition
Common Stock
2010-11-29$0.08/sh+30,000$2,400→ 439,472 total
Holdings
- 18,182
Employee Stock Option (right to buy)
Exercise: $0.11From: 2010-01-24Exp: 2019-07-24→ Common Stock (18,182 underlying) - 10,000
Employee Stock Option (right to buy)
Exercise: $0.69From: 2003-01-31Exp: 2012-01-31→ Common Stock (10,000 underlying) - 50,000
Employee Stock Option (right to buy)
Exercise: $0.04From: 2009-02-08Exp: 2018-08-08→ Common Stock (50,000 underlying) - 16,667
Employee Stock Option (right to buy)
Exercise: $0.12From: 2007-05-16Exp: 2016-11-16→ Common Stock (16,667 underlying) - 75,000
Employee Stock Option (right to buy)
Exercise: $0.05From: 2005-11-10Exp: 2015-08-10→ Common Stock (75,000 underlying) - 15,000
Employee Stock Option (right to buy)
Exercise: $0.04From: 2009-08-08Exp: 2018-08-08→ Common Stock (15,000 underlying) - 25,000
Employee Stock Option (right to buy)
Exercise: $0.08From: 2011-03-22Exp: 2020-09-22→ Common Stock (25,000 underlying)
Footnotes (6)
- [F1]Stock Options granted on July 24, 2009 will vest as follows: 33.3% on January 24, 2010, 33.3% on July 24, 2010 and 33.4% on January 24, 2011.
- [F2]Stock options are fully vested and exercisable.
- [F3]On the reporting person's prior report the initial exercisable date was incorrectly reported as 9/22/2011. The options begin to vest on March 22, 2011.
- [F4]Stock Options granted on September 22, 2010 will vest as follows: 33.3% on March 22, 2011, 33.3% on September 22, 2012 and 33.4% on March 22, 2013.
- [F5]Stock Options granted on August 8, 2008 will vest as follows: 33.3% on August 8, 2009, 33.3% on August 8, 2010 and 33.4% on August 8, 2011.
- [F6]Stock Options granted on September 22, 2010 will vest as follows: 33.3% on September 22, 2011, 33.3% on September 22, 2012 and 33.4% on September 22, 2013.