POSITIVEID Corp 4
4 · POSITIVEID Corp · Filed Jan 3, 2014
Insider Transaction Report
Form 4
POSITIVEID CorpPSID
COBB JEFFREY S
Director
Transactions
- Award
Common Stock
2013-12-31$0.03/sh+500,000$12,500→ 574,800 total - Award
Series I Convertible Preferred Stock
2013-12-31$1000.00/sh+25$25,000→ 63 totalExercise: $0.03From: 2016-01-01→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]The shares of the Company's common stock were granted to Mr. Cobb as 2014 Board of Directors compensation. The shares were issued pursuant to a Restricted Stock Award Agreement, dated December 31, 2013 and will vest on January 31, 2014.
- [F2]The Series I Convertible Preferred Shares were granted to Mr. Cobb as 2014 Board of Directors compensation. The shares were issued pursuant to a Restricted Stock Award Agreement, dated December 31, 2013 and will vest on January 1, 2016. The Series I Convertible Preferred Stock has a stated value of $1,000 per share and is convertible into shares of common stock, par value $0.01, at $0.025 per share.
- [F3]No expiration date.