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4//SEC Filing

True Drinks Holdings, Inc. 4

Accession 0001415889-14-003122

$CHUCCIK 0001134765operating

Filed

Oct 15, 8:00 PM ET

Accepted

Oct 16, 6:02 PM ET

Size

10.9 KB

Accession

0001415889-14-003122

Insider Transaction Report

Form 4
Period: 2014-10-15
Sherman Kevin Charles
Executive Vice President
Transactions
  • Disposition to Issuer

    Stock Option

    2014-10-15184,3040 total
    Exercise: $1.02Exp: 2015-09-01Common Stock (184,304 underlying)
  • Disposition to Issuer

    Stock Option

    2014-10-15245,7390 total
    Exercise: $1.10Exp: 2016-07-01Common Stock (245,739 underlying)
  • Award

    Stock Option

    2014-10-15+430,043430,043 total
    Exercise: $0.38Exp: 2021-10-15Common Stock (430,043 underlying)
Footnotes (4)
  • [F1]Of the shares issuable pursuant to this stock option, 61,435 shares vested on each of September 1, 2013 and 2014, respectively, and the final 61,434 shares are scheduled to vest on September 1, 2015.
  • [F2]The Reporting Person agreed to cancellation of the stock options granted to him on September 1, 2012 and July 1, 2013, in exchange for a new option issued on October 15, 2014 pursuant to the Issuer's 2013 Stock Incentive Plan, which option is exercisable for the same number of shares as the cancelled options and subject to the same vesting schedule as the option granted on September 1, 2102, but with a longer term and lower exercise price.
  • [F3]Of the shares issuable pursuant to this stock option, 81,913 shares vested on each of July 1, 2014, and the remaining shares are scheduled to vest in equal installments on July 1, 2015 and July 1, 2016, respectivley.
  • [F4]Of the shares issuable pursuant to this stock option, 286,696 are currently vested. The remaining 143,347 shares are scheduled to vest on September 1, 2015.

Issuer

True Drinks Holdings, Inc.

CIK 0001134765

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001134765

Filing Metadata

Form type
4
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 6:02 PM ET
Size
10.9 KB