Farra Norman K JR 4
4 · LOCAL Corp · Filed Feb 11, 2013
Insider Transaction Report
Form 4
LOCAL CorpLOCM
Farra Norman K JR
Director
Transactions
- Disposition to Issuer
Warrants
2013-02-07$8.09/sh−22,811$184,541→ 0 totalExercise: $8.09From: 2007-08-01Exp: 2014-02-03→ Common Stock (22,811 underlying) - Award
Warrants
2013-02-07$2.10/sh+22,811$47,903→ 22,811 totalExercise: $2.10From: 2013-02-07Exp: 2014-02-03→ Common Stock (22,811 underlying)
Footnotes (1)
- [F1]Pursuant to the terms of a Warrant Repricing Letter dated February 7, 2013, between the issuer and the reporting person, the issuer for no consideration, repriced the warrants by lowering the exercise price, resulting in a deemed disposition of warrants to purchase 22,811 shares of common stock at an exercise price of $8.09 per share and a deemed acquisition of warrants to purchase 22,811 shares of common stock at an exercise price of $2.10 per share.