True Drinks Holdings, Inc. 4
4 · True Drinks Holdings, Inc. · Filed Feb 11, 2014
Insider Transaction Report
Form 4
Imbrogno Louis
Director
Transactions
- Award
Stock Option
2014-02-07+368,609→ 368,609 totalExercise: $0.25Exp: 2024-02-07→ Common Stock (368,609 underlying) - Award
Series B Convertible Preferred Stock
2014-02-07$25000.00/sh+6,250$156,250,000→ 100,000 totalFrom: 2014-02-07→ Common Stock (100,000 underlying) - Award
Warrants
2014-02-07+29,167→ 29,167 totalExercise: $0.30From: 2014-02-07Exp: 2019-02-07→ Common Stock
Footnotes (5)
- [F1]Options shall vest as follows: 122,870 shares vest immediately upon issuance, with the remainder vesting annually thereafter in three equal installments.
- [F2]Options granted pursuant to the Issuer's 2013 Stock Incentive Plan.
- [F3]Each share of Series B Convertible Preferred Stock ("Series B Preferred") is convertible into 16 shares of the Issuer's common stock.
- [F4]The Series B Preferred has no expiration date.
- [F5]The Reporting Person received the shares of Series B Preferred and Warrants reported herein in lieu of board fees of $25,000.