ISC8 INC. /DE 4
4 · ISC8 INC. /DE · Filed Dec 17, 2013
Insider Transaction Report
Form 4
ISC8 INC. /DEISCI
WILSON ROBERT L
Director
Transactions
- Award
Stock Option
2013-10-21+1,000,000→ 1,000,000 totalExercise: $0.04Exp: 2023-10-21→ Common Stock (1,000,000 underlying) - Disposition to Issuer
Stock Option
2013-10-21−62,500Exercise: $0.11Exp: 2021-06-14→ Common Stock (62,500 underlying)
Footnotes (3)
- [F1]One-half of the option vested on June 5, 0211, and the remaining half vested on December 10, 2011.
- [F2]On October 21, 2013, the Issuer canceled, pursuant to an option exchange program, all options held by the Reporting Person, granted pursuant to the Issuer's equity based compensation plans. In exchange, the Reporting Person received a replacement option to purchase 1,000,000 shares of the Issuer's common stock for $0.042 per share.
- [F3]One-third of option vested immediately, and the remaining two-thirds will vest in equal monthly installments over the next two years.