ANDREA ELECTRONICS CORP 4

Accession 0001225208-15-016709

$ANDRCIK 0000006494operating

Filed

Aug 10, 8:00 PM ET

Accepted

Aug 11, 3:29 PM ET

Size

23.0 KB

Accession

0001225208-15-016709

Form 4

Period: 2015-08-07

DirectorPresident & CEO

Transactions

Exercise/Conversion
Common Stock
2015-08-07$0.05/sh+100,000$5,000→ 344,700 total
Award
Stock Option (right to buy)
2015-08-07+500,000→ 500,000 total
Exercise: $0.06From: 2016-08-07Exp: 2025-08-07→ Common Stock (500,000 underlying)
Exercise/Conversion
Stock Option (right to buy)
2015-08-07−100,000→ 500,000 total
Exercise: $0.05From: 2005-11-10Exp: 2015-08-10→ Common Stock (100,000 underlying)

Holdings

Stock Option (right to buy)
Exercise: $0.12From: 2007-08-01Exp: 2016-11-02→ Common Stock (1,000,000 underlying)
1,000,000
Stock Option (right to buy)
Exercise: $0.04From: 2010-08-01Exp: 2018-08-08→ Common Stock (1,000,000 underlying)
1,000,000
Common Stock
(indirect: By Daughter)
3,876
Stock Option (right to buy)
Exercise: $0.04From: 2006-02-04Exp: 2015-08-04→ Common Stock (250,000 underlying)
250,000
Stock Option (right to buy)
Exercise: $0.13From: 2011-08-01Exp: 2020-08-01→ Common Stock (1,000,000 underlying)
1,000,000
Stock Option (right to buy)
Exercise: $0.11From: 2008-09-12Exp: 2017-09-12→ Common Stock (1,000,000 underlying)
1,000,000
Common Stock
(indirect: By Spouse)
12,438
Stock Option (right to buy)
Exercise: $0.04From: 2009-08-01Exp: 2018-08-08→ Common Stock (2,000,000 underlying)
2,000,000
Stock Option (right to buy)
Exercise: $0.10From: 2015-09-02Exp: 2024-09-02→ Common Stock (500,000 underlying)
500,000
Stock Option (right to buy)
Exercise: $0.12From: 2007-08-01Exp: 2016-11-16→ Common Stock (1,000,000 underlying)
1,000,000
Stock Option (right to buy)
Exercise: $0.11From: 2010-08-01Exp: 2019-07-24→ Common Stock (1,000,000 underlying)
1,000,000

Footnotes (9)

[F1]Stock Options granted on August 7, 2015 will vest as follows: 33.3% on August 7, 2016, 33.3% on August 7, 2017 and 33.4% on August 7, 2018.
[F2]Stock Options granted on November 2, 2006 will vest as follows: 33.3% on August 1, 2007, 33.3% on August 1, 2008 and 33.4% on August 1, 2009.
[F3]Stock Options granted on November 16, 2006 will vest as follows: 333,000 shares on August 1, 2007, 333,000 shares on August 1, 2008 and 334,000 shares on August 1, 2009.
[F4]Stock Options granted on August 8, 2008 will vest as follows: 33.3% on August 1, 2009, 33.3% on August 1, 2010 and 33.4% on August 1, 2011.
[F5]Stock Options granted on July 24, 2009 will vest as follows: 33.3% on August 1, 2010, 33.3% on August 1, 2011 and 33.4% on August 1, 2012.
[F6]Stock Options granted on August 8, 2008 will vest as follows: 33.3% on August 1, 2010, 33.3% on August 1, 2011 and 33.4% on August 1, 2012.
[F7]Stock Options granted on August 1, 2010 will vest as follows: 33.3% on August 1, 2011, 33.3% on August 1, 2012 and 33.4% on August 1, 2013.
[F8]Stock Options granted on September 2, 2014 will vest as follows: 33.3% on September 2, 2015, 33.3% on September 2, 1016 and 33.4% on September 2, 2017.
[F9]Stock Options granted on September 12, 2007 will vest as follows: 33.3% on September 12, 2008, 33.3% on September 12, 2009 and 33.4% on September 12, 2010.

Documents

1 file

ANDREA ELECTRONICS CORP

CIK 0000006494

Entity typeoperating

IncorporatedNY