Kenyon Bryan 4
4 · Trycera Financial, Inc. · Filed Jun 19, 2007
Insider Transaction Report
Form 4
Kenyon Bryan
Other
Transactions
- Award
Options
2005-12-30+200,000→ 200,000 totalExercise: $1.00Exp: 2015-12-30→ Common Stock (200,000 underlying) - Award
Options
2007-06-14+200,000→ 200,000 totalExercise: $1.01Exp: 2017-06-14→ Common Stock (200,000 underlying) - Award
Options
2004-05-27+750,000→ 750,000 totalFrom: 2004-05-27Exp: 2014-05-27→ Common Stock (750,000 underlying) - Award
Common Stock
2007-06-14$1.01/sh+100,000$101,000→ 100,000 total
Footnotes (6)
- [F1]Received as consideration for entering into Employment Agreement dated 06/14/2007.
- [F2]Scheduled to vest as follows: 1/16 of the total options granted at the end of each three-month period, which initial period shall commence on the day of the grant, and immediately in the event of a Corporate Transaction, as defined.
- [F3]$0.25 per share for the first 187,500 shares; $0.45 per share for the next 187,500 shares; $0.65 per share for the next 187,500 shares; and $0.85 per share for the next 187,500.
- [F4]Received as consideration for accepting appointment as CFO.
- [F5]These Options were granted December 30,2005, of which 35,700 are available for exercise as of the filing of this report. Vesting schedule: 1/16 per quarter for each quarter Issuer's revenue exceeds the previous quarter of revenue starting first quarter 2006, independent of whether the revenue is generated from acquisition of non-acquisition business activity.
- [F6]Received as 2005 bonus pursuant to original Employment Agreement dated May 26, 2004.