Welch Mike 4
4 · EXPRESS-1 EXPEDITED SOLUTIONS INC · Filed Jul 27, 2011
Insider Transaction Report
Form 4
Welch Mike
DirectorChief Executive Officer
Transactions
- Award
Stock Option (right to buy)
2011-07-22+200,000→ 200,000 totalExercise: $4.23Exp: 2021-07-21→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]The option will vest, subject to Mr. Welch's continued employment with the Company, in three equal annual installments on the first, second and third anniversaries of the closing of the transactions set forth in that certain Investment Agreement dated as of June 13, 2011, by and among Jacobs Private Equity, LLC, each of the other investors party thereto (including by joinders thereto) and the Company.