Command Center, Inc. 4
4 · Command Center, Inc. · Filed Aug 18, 2016
Insider Transaction Report
Form 4
WILSON JEFF T
Director
Transactions
- Award
Common Stock
2016-06-24+25,000→ 105,000 total
Holdings
- 280,000
Performance Stock Award
→ Common Stock (100,000 underlying) - 80,000
Common Stock
- 105,000
Stock Options
Exercise: $0.41→ Common Stock (105,000 underlying) - 180,000
Restricted Stock Grant
→ Common Stock (75,000 underlying) - 780,000
Stock Options
Exercise: $0.70→ Common Stock (500,000 underlying) - 840,000
Stock Options
Exercise: $0.73→ Common Stock (60,000 underlying)
Footnotes (6)
- [F1]These shares were awarded by Company to this reporting person upon execution of the Executive Employment Agreement on 9/02/2014. The right to receive these shares vested on 9/02/2015.
- [F2]These are options awarded to directors for board service on 5/10/2012. Vesting 25% on each anniversary, being fully vested 5/10/2016. The options expire 5/10/2017.
- [F3]Restricted stock grant totaling 100,000 shares was awarded 9/02/2014. The first increment of 25000 shares has vested and has been converted to shares of stock. Other blocks of 25,000 shares would vest in annual increments on 9/02/16, 9/02/17 and 9/02/18, subject to the terms of the Executive Employment Agreement.
- [F4]Restricted stock award vests upon attainment of the performance criteria set forth in the Executive Employment Agreement dated 9/02/2014.
- [F5]Stock options issued pursuant to the Executive Employment Agreement dated 9/02/2014. Options vest in four annual increments of 125,000 shares each on the anniversary date, being fully vested on 9/02/2018.
- [F6]These options are awarded to directors for board service. Vesting 25% on the day of award, 12/11/2014, and 25% on each anniversary, being fully vested on 12/11/2017. The options expire 12/11/2021.