Clark David C 4
4 · GLOWPOINT, INC. · Filed Mar 27, 2013
Insider Transaction Report
Form 4
GLOWPOINT, INC.GLOW
Clark David C
CHIEF FINANCIAL OFFICER
Transactions
- Award
Stock Option (right to buy)
2013-03-25+100,000→ 100,000 totalExercise: $1.51Exp: 2023-03-25→ Common Stock (100,000 underlying) - Award
Common Stock
2013-03-25+100,000→ 100,000 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).