MAJESCO ENTERTAINMENT CO 4
4 · MAJESCO ENTERTAINMENT CO · Filed Apr 27, 2016
Insider Transaction Report
Form 4
RECTOR DAVID
DirectorCEO, CHAIRMAN OF THE BOARD
Transactions
- Award
Option
2016-04-25+50,000→ 50,000 totalExercise: $0.80Exp: 2026-04-25→ Common Stock (50,000 underlying) - Award
Common Stock, par value $0.001 per share
2016-04-25+50,000→ 150,000 total
Footnotes (3)
- [F1]Represents a restricted stock award (the "Restricted Stock Award") under the Issuer's 2016 Equity Incentive Plan. The Restricted Stock Award vests as follows: 50% vested on the grant date of April 25, 2016, and 50% vest upon the occurrence of a Qualified Acquisition, as defined in the award.
- [F2]Represents (i) the Restricted Stock Award and (ii) a restricted stock award of 100,000 shares granted under the Issuer's 2014 Equity Incentive Plan, which award shares vested in full on January 12, 2016.
- [F3]Represents an option award under the Issuer's 2016 Equity Incentive Plan. The options vest as follows: 50% vested on the grant date of April 25, 2016, and 50% vest upon the occurrence of a Qualified Acquisition, as defined in the award.