PIERCE D HOWARD 4
4 · AMBIENT CORP /NY · Filed Oct 20, 2010
Insider Transaction Report
Form 4
AMBIENT CORP /NYABTG
PIERCE D HOWARD
Director
Transactions
- Award
Common Stock Options
2010-10-18+4,200,000→ 4,200,000 totalExercise: $0.12Exp: 2016-10-18→ Common Stock (4,200,000 underlying)
Footnotes (2)
- [F1]The options were issued under the Company's 2002 Non-Employee Directors Stock Option Plan and are scheduled to vest on a quarterly basis over a two year period in quarterly installments of 525,000 each at end of each quarter, with the first such installment vesting on December 31, 2010.
- [F2]Not Applicable.