Ehrens Gerald L 4

4 · ASI TECHNOLOGY CORP · Filed Jun 1, 2010

Form 4

Period: 2010-05-27

Director

Transactions

Exercise/Conversion
Common Stock
2010-05-27$0.20/sh+20,000$4,000→ 20,000 total
Exercise/Conversion
Stock Option - Right to Buy
2010-05-27−20,000→ 0 total
Exercise: $0.20From: 2010-01-08Exp: 2015-01-07→ Common Stock (20,000 underlying)
Other
Stock Purchase Warrant - Right to Buy
2010-05-28+349,500→ 349,500 total(indirect: By Family Ltd Ptnship)
Exercise: $0.17From: 2010-05-28Exp: 2013-05-28→ Common Stock (349,500 underlying)
Other
Common Stock
2010-05-28$0.17/sh+6,750,000$1,125,225→ 6,900,000 total(indirect: By Family Ltd Ptnship)
Award
Stock Option - Right to Buy
2010-05-31+300,000→ 300,000 total
Exercise: $0.17From: 2010-08-31Exp: 2020-05-31→ Common Stock (300,000 underlying)

Holdings

Stock Option - Right to Buy
Exercise: $0.25From: 2009-05-09Exp: 2014-02-08→ Common Stock (10,000 underlying)
10,000

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 debt restructuring as part of an Agreement and Plan of Recapitalization dated May 28, 2010 between ASI Technology Corporation and NxOpinion, LLC.
[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.

Documents

1 file