TWO RIVERS WATER & FARMING Co 4
4 · TWO RIVERS WATER & FARMING Co · Filed Sep 14, 2016
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock Option
2016-08-11$0.20/sh+200,000$40,000→ 200,000 totalExercise: $0.20From: 2016-08-11Exp: 2026-08-11→ Common Shares (200,000 underlying) - Award
Common Stock Option
2016-08-11$0.50/sh+200,000$100,000→ 400,000 totalExercise: $0.50From: 2017-12-31Exp: 2026-08-11→ Common Shares (200,000 underlying) - Award
Common Stock Option
2016-08-11$1.00/sh+200,000$200,000→ 600,000 totalExercise: $1.00From: 2018-12-31Exp: 2026-08-11→ Common Shares (200,000 underlying)
Footnotes (2)
- [F1]Exercise price shall be $0.50 if stock price on December 31, 2017 is at or above $0.50. If the stock price is below $0.50, the exercise price shall be equal to the stock price calculated on a VWAP for the 30-day period preceding December 31, 2017, but not below $0.25.
- [F2]Exercise price shall be $1.00 if stock price on December 31, 2018 is at or above $1.00. If the stock price is below $1.00, the exercise price shall be equal to the stock price calculated on a VWAP for the 30-day period preceding December 31, 2018, but not below $0.25.