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4//SEC Filing

NEW MEDIA INSIGHT GROUP, INC. 4

Accession 0001432453-15-000003

CIK 0001493040operating

Filed

Jan 11, 7:00 PM ET

Accepted

Jan 12, 12:25 PM ET

Size

18.4 KB

Accession

0001432453-15-000003

Insider Transaction Report

Form 4
Period: 2013-05-01
PALETHORPE MICHAEL HARDY
DirectorPresident/CEO/CFO/Secretary
Transactions
  • Purchase

    Common Stock

    2014-09-08$0.00/sh+8,500,000$8,50017,000,000 total
  • Other

    Stock Options

    2014-01-01$1.60/sh+1,125$1,800501,125 total
    Exercise: $0.75From: 2014-01-01Exp: 2017-01-01Common Stock (1,125 underlying)
  • Other

    Stock Options

    2014-04-01$1.60/sh+1,125$1,800504,500 total
    Exercise: $0.75From: 2014-04-01Exp: 2017-04-01Common Stock (1,125 underlying)
  • Purchase

    Common Stock

    2014-08-08$0.00/sh+8,500,000$8,5008,500,000 total
  • Other

    Stock Options

    2014-03-01$1.60/sh+1,125$1,800503,375 total
    Exercise: $0.75From: 2014-03-01Exp: 2017-03-01Common Stock (1,125 underlying)
  • Other

    Stock Options

    2013-05-01$1.60/sh+500,000$800,000500,000 total
    Exercise: $0.75From: 2013-11-30Exp: 2016-11-30Common Stock (500,000 underlying)
  • Other

    Stock Options

    2014-02-01$1.60/sh+1,125$1,800502,250 total
    Exercise: $0.75From: 2014-02-01Exp: 2017-02-01Common Stock (1,125 underlying)
Holdings
  • Common Stock

    0
Footnotes (2)
  • [F1]Acquired 8,500,000 restricted common shares from a previous stockholder in exchange for $10,000.
  • [F2]On April 1, 2013, we entered into an agreement with Mr. Palethorpe, effective May 1, 2013. Pursuant to the agreement, he will serve as our President and CEO in exchange for: 1. $6,000 per month; and 2. $6,000 per month in our common stock. He is also entitled to a stock option grant equal to 30% of his salary granted at the beginning of the year and vest equally over the year. The price of the options will be the FMV of our stock at the time the options are granted, exercisable into a common share at $0.75 and will expire after 3 years. Further, he is to receive 2,000,000 stock options vesting at the rate of 500,000 options every 6 months at an exercise price of $0.75 per share and expire after 3 years. On May 1, 2014, we entered into an amending agreement whereby we agreed to renew his agreement and suspend the grant of $6,000 in common stock. The vesting of stock options and the remainder of his 2,000,000 options have also been suspended as of April 30, 2014.

Issuer

NEW MEDIA INSIGHT GROUP, INC.

CIK 0001493040

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001493040

Filing Metadata

Form type
4
Filed
Jan 11, 7:00 PM ET
Accepted
Jan 12, 12:25 PM ET
Size
18.4 KB