4//SEC Filing
ISSUER DIRECT CORP 4
Accession 0001354488-15-003218
$ACCSCIK 0000843006operating
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 6:04 PM ET
Size
13.6 KB
Accession
0001354488-15-003218
Insider Transaction Report
Form 4
BALBIRNIE BRIAN R
DirectorChairman and CEO10% Owner
Transactions
- Other
Common Stock
2015-03-13−4,500→ 610,866 total - Tax Payment
Common Stock
2015-06-24$8.00/sh+7,589$60,712→ 618,455 total - Award
Option to Purchase Common Stock
2014-12-16+500→ 8,000 total(indirect: By Spouse)Exercise: $9.26Exp: 2024-12-16→ Common Stock (500 underlying) - Award
Restricted Stock Unit
2014-12-16+1,000→ 1,000 total(indirect: By Spouse)Exercise: $0.00From: 2015-12-16Exp: 2015-12-16→ Common Stock (1,000 underlying)
Holdings
- 7,500(indirect: By Spouse)
Option to Purchase Common Stock
Exp: 2022-04-02→ Common Stock (7,500 underlying)
Footnotes (5)
- [F1]Reporting Person granted 1,500 shares of the Registrant?s common stock to three employees of Registrant for an aggregate of 4,500 shares of common stock. Reporting Person did not receive any consideration for any of the grants.
- [F2]Reporting Person executed a cashless exercise of stock options by selling 3,082 shares of common stock at $8.00 per share and using the $24,664 in proceeds to exercise options to purchase 10,671 shares of common stock at an exercise price of $2.31 for an aggregate increase of 7,589 shares of common stock.
- [F3]2010 Equity Incentive Plan ? Incentive Stock Option issued to spouse over a period with conversion prices ranging from 1.70 to 3.33. All such options have vested as of the date of this filing.
- [F4]2014 Equity Incentive Plan ? Incentive Stock Option issued to spouse on December 16, 2014 with the following vesting schedule: 25% upon the first anniversary of grant and the remaining 75% on a quarterly basis for the three years thereafter. All options under this grant accelerate upon a Corporate Transaction as defined in the Registrant?s 2014 Equity Inventive Plan.
- [F5]2014 Equity Incentive Plan ? Restrictive Stock Unit grant to spouse on December 16, 2014 with the following vesting schedule: 100% upon the first anniversary of grant. All restricted stock units vest upon a Corporate Transaction as defined in the Registrant?s 2014 Equity Inventive Plan. Each Restricted Stock Unit represents the right to receive, at settlement, one share of the Registrant?s common stock.
Documents
Issuer
ISSUER DIRECT CORP
CIK 0000843006
Entity typeoperating
Related Parties
1- filerCIK 0000843006
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 6:04 PM ET
- Size
- 13.6 KB