LRAD Corp 4
4 · LRAD Corp · Filed Mar 13, 2015
Insider Transaction Report
Form 4
LRAD CorpLRAD
Brown Thomas R
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2015-03-13$1.24/sh+75,000$93,000→ 187,400 total - Exercise/Conversion
Stock Option (Right to Buy)
2015-03-13−75,000→ 175,000 totalExercise: $1.24Exp: 2015-06-15→ Common Stock (75,000 underlying)
Footnotes (1)
- [F1]The option to purchase shares vests as to 1/3 of the shares on the date of grant at 6/15/2010 and 1/12 quarterly thereafter until fully vested.