Cecin Jose A Jr 4
4 · Vuzix Corp · Filed Sep 22, 2011
Insider Transaction Report
Form 4
Vuzix CorpVZX:TSXV
Cecin Jose A Jr
Director
Transactions
- Award
Option (right to buy)
2011-07-28+1,000,000→ 1,000,000 totalExercise: $0.10→ Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]300,000 options vested immediately; the remaining 700,000 options vest monthly, ratably over a twelve (12) month period commencing April 18, 2011.
- [F2]Options are exercisable until the earlier of 10 years from the grant date, or the date upon which Mr. Cecin is terminated as a director for cause.