WPT ENTERPRISES INC 4
4 · WPT ENTERPRISES INC · Filed Feb 24, 2009
Insider Transaction Report
Form 4
Lipscomb Steven
Director
Transactions
- Award
Stock Option
2009-02-20$0.49/sh+500,000$245,000→ 500,000 totalExercise: $0.49Exp: 2019-01-20→ Common Stock, $.001 par value (500,000 underlying) - Disposition to Issuer
Stock Option
2009-02-20−600,000→ 0 totalExercise: $8.00Exp: 2014-08-09→ Common Stock, $.001 par value (600,000 underlying)
Holdings
- 304,415(indirect: By Turst)
Common Stock, $.001 par value
- 1,967,385
Common Stock, $.001 par value
Footnotes (5)
- [F1]By Trust for the benefit of the Reporting Person's children. The Reporting Person is not a trustee of such trust and disclaims beneficial ownership of these shares.
- [F2]200,000 shares vested on each of 8/9/05, 8/9/06 and 8/9/07.
- [F3]The Reporting Person agreed to cancellation of exisitng options in exchange for a new option having a lower exercise price.
- [F4]Right to buy.
- [F5]125,000 shares vest on each of 1/1/2010, 1/1/2011, 1/1/2012 and 1/1/2013.