4//SEC Filing
WALKER INNOVATION INC. 4
Accession 0001429619-17-000004
CIK 0001294649operating
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 4:21 PM ET
Size
8.6 KB
Accession
0001429619-17-000004
Insider Transaction Report
Form 4
Jenny Kara B
Chief Financial Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2014-05-27−300,000→ 0 totalExercise: $3.20Exp: 2024-05-27→ Common Stock (300,000 underlying) - Award
Stock Option (Right to Buy)
2017-03-20+300,000→ 300,000 totalExercise: $0.43Exp: 2024-05-27→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]The transaction reported herein reflects a repricing of options (the "Repricing") that was approved by Walker Innovation Inc. stockholders on January 17, 2017. The stock options were originally granted to the reporting person May 27, 2014. As a result of the Repricing, such options now have a lower exercise price; other than the reduced exercise price, there have been no changes in the terms of such options. However, under Section 16 of the Securities Exchange Act of 1934 and the rules thereunder, a reduction in the exercise price of any option is treated as effectively canceling the old option and granting a new option as of the effective date of the repricing, and thus is being reported accordingly in this Form 4.
- [F2]Stock options granted pursuant to Amended and Restated 2006 Long-term Incentive plan in respect of 100,000 Shares exercisable from and after May 27, 2015; 100,000 Shares exercisable from and after May 27, 2016; and 100,000 Shares exercisable from and after May 27, 2017.
Documents
Issuer
WALKER INNOVATION INC.
CIK 0001294649
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001294649
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 4:21 PM ET
- Size
- 8.6 KB