Wildrick Deborah Kern 4
4 · BAZI INTERNATIONAL, INC. · Filed Sep 1, 2011
Insider Transaction Report
Form 4
BAZI INTERNATIONAL, INC.BAZI.OB
Wildrick Deborah Kern
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Award
Common Stock
2011-08-10$0.11/sh+182,000$20,020→ 182,000 total
Holdings
- 550,000
Common Stock Options
Exercise: $0.17From: 2012-01-01Exp: 2015-12-31→ Common Stock (550,000 underlying)
Footnotes (2)
- [F1]Shares were issued as award to employee, and is based on the fair market value of the Company's Common Stock on the date of grant.
- [F2]275,000 options vest ratably over a four year period. 275,000 options vest in four equal amounts on the achievement of the following quarterly revenue targets, as reported, of $2,000,000, $4,000,000, $6,000,000 and $8,000,000.