Home/Filings/4/0001295489-10-000002
4//SEC Filing

Polis Jerry E 4

Accession 0001295489-10-000002

CIK 0000007951other

Filed

May 31, 8:00 PM ET

Accepted

Jun 1, 6:02 PM ET

Size

22.1 KB

Accession

0001295489-10-000002

Insider Transaction Report

Form 4
Period: 2010-05-27
Polis Jerry E
DirectorPresident and Chairman10% Owner
Transactions
  • Other

    Stock Purchase Warrant - Right to Buy

    2010-05-28+375,000375,000 total(indirect: By Trust)
    Exercise: $0.07From: 2010-05-28Exp: 2014-12-31Common Stock (375,000 underlying)
  • Other

    Common Stock

    2010-05-28$0.17/sh+180,000$30,006280,000 total(indirect: By LLC)
  • Award

    Stock Option - Right to Buy

    2010-05-31+300,000300,000 total
    Exercise: $0.17From: 2010-08-31Exp: 2020-05-31Common Stock (300,000 underlying)
  • Exercise/Conversion

    Common Stock

    2010-05-27$0.20/sh+40,000$8,000170,927 total
  • Exercise/Conversion

    Stock Option - Right to Buy

    2010-05-2740,0000 total
    Exercise: $0.20From: 2010-01-08Exp: 2015-01-07Common Stock (40,000 underlying)
  • Other

    Common Stock

    2010-05-28$0.17/sh+1,350,000$225,0454,980,927 total(indirect: By Trust)
Holdings
  • Stock Option - Right to Buy

    Exercise: $0.40From: 2006-01-09Exp: 2011-01-08Common Stock (10,000 underlying)
    10,000
  • Stock Option - Right to Buy

    Exercise: $0.28From: 2009-02-09Exp: 2014-02-08Common Stock (20,000 underlying)
    20,000
  • Common Stock

    (indirect: By Davric Corporation)
    3,436,888
Footnotes (5)
  • [F1]Represents out of the money options exercised and related restricted shares issued.
  • [F2]Represents restricted shares received in connection with an Agreement and Plan of Recapitalization dated May 28, 2010 between ASI Technology Corporation and NxOpinion, LLC based on units held in NxOpinion.
  • [F3]Pursuant to the terms of an Agreement and Plan of Recapitalization dated May 28, 2010 between ASI Technology Corporation and NxOpinion, LLC these options are vested and exercisable for the remainder of their stated term regardless of the employment or consultancy status of the option holder.
  • [F4]Represents restricted warrants received in connection with an Agreement and Plan of Recapitalization dated May 28, 2010 between ASI Technology Corporation and NxOpinion, LLC based on warrants held in NxOpinion.
  • [F5]Grant of options under the 2010 Incentive Plan that vest quarterly over a two year period from date of grant subject to continued service and other conditions.

Issuer

ASI TECHNOLOGY CORP

CIK 0000007951

Entity typeother

Related Parties

1
  • filerCIK 0001295489

Filing Metadata

Form type
4
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 6:02 PM ET
Size
22.1 KB