WPT ENTERPRISES INC 4
4 · WPT ENTERPRISES INC · Filed May 22, 2009
Insider Transaction Report
Form 4
Lipscomb Steven
Director
Transactions
- Award
Stock Options
2009-05-20+4,000→ 4,000 totalExercise: $0.78Exp: 2019-05-20→ Common Stock, $.001 par value (4,000 underlying)
Holdings
- 304,415(indirect: By Trust)
Common Stock, $.001 par value
- 500,000
Stock Options
Exercise: $0.49Exp: 2019-01-20→ Common Stock, $.001 par value (500,000 underlying) - 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]125,000 shares vest on each of 1/1/2010, 1/1/2011/, 1/1/2012, and 1/1/2013
- [F3]The Reporting Person previously agreed to a cancellation of 600,000 existing options in exchange for a new option amount of 500,000 having a lower exerise price on 2/20/09.
- [F4]Right to buy.
- [F5]Options vest annually in equal installments over a four year period, beginning on the first anniversary of the date of grant.