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4//SEC Filing

Clark David C 4

Accession 0001415889-13-000530

CIK 0000746210other

Filed

Mar 26, 8:00 PM ET

Accepted

Mar 27, 4:15 PM ET

Size

8.3 KB

Accession

0001415889-13-000530

Insider Transaction Report

Form 4
Period: 2013-03-25
Clark David C
CHIEF FINANCIAL OFFICER
Transactions
  • Award

    Stock Option (right to buy)

    2013-03-25+100,000100,000 total
    Exercise: $1.51Exp: 2023-03-25Common Stock (100,000 underlying)
  • Award

    Common Stock

    2013-03-25+100,000100,000 total
Footnotes (2)
  • [F1]These shares of restricted stock were granted in connection with the reporting person's appointment as Chief Financial Officer of the issuer and without payment of consideration pursuant to the issuer's 2007 Stock Incentive Plan. These shares will vest as 25% on the first anniversary of the grant date, with the remainder vesting in equal monthly installments for 36 months on the monthly anniversary of the grant date. Vesting will accelerate in the event of the issuer's Change of Control or Corporate Transaction (each as defined in the issuer's 2007 Stock Incentive Plan).
  • [F2]These options were granted in connection with the reporting person's appointment as Chief Financial Officer of the issuer and without payment of consideration pursuant to the issuer's 2007 Stock Incentive Plan. These options will vest as to 25% on the first anniversary of the grant date, with the remainder vesting in equal monthly installments for 36 months on the monthly anniversary of the grant date. Vesting will accelerate in the event of the issuer's Change of Control or Corporate Transaction (each as defined in the issuer's 2007 Stock Incentive Plan).

Issuer

GLOWPOINT, INC.

CIK 0000746210

Entity typeother

Related Parties

1
  • filerCIK 0001290061

Filing Metadata

Form type
4
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 4:15 PM ET
Size
8.3 KB