Chen Benjamin Frank 4
4 · Viggle Inc. · Filed Sep 13, 2012
Insider Transaction Report
Form 4
Viggle Inc.VGGL
Chen Benjamin Frank
Director
Transactions
- Award
Option (right to buy)
2012-09-11$0.80/sh+300,000$240,000→ 300,000 totalExercise: $0.80From: 2013-03-11Exp: 2018-03-11→ Common Stock (300,000 underlying) - Award
Option (right to buy)
2012-09-11$0.80/sh+300,000$240,000→ 300,000 totalExercise: $0.80From: 2012-09-11Exp: 2017-09-11→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]Provided that the consulting agreement between the Reporting Person and Viggle Inc. has not been terminated.
- [F2]If the closing price of the Company?s common stock is Three Dollars ($3.00) or greater (subject to adjustment for stock dividends, subdivisions, reclassifications, recapitalizations and other similar events affecting all of the shares of Company common stock) for twenty (20) consecutive trading days during which the average reported sales trading volume per day on any national exchange or the OTC Bulletin Board exceeds Seven Thousand Five Hundred (7,500) shares, then all options for the Company common stock granted shall vest immediately (unless the agreement has previously been terminated).