4//SEC Filing
Speed Commerce, Inc. 4
Accession 0001437749-15-007774
CIK 0000911650operating
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 4:58 PM ET
Size
19.1 KB
Accession
0001437749-15-007774
Insider Transaction Report
Form 4
Willis Richard
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2015-04-21−50,000→ 0 totalExercise: $1.95Exp: 2021-02-11→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-04-21−12,000→ 0 totalExercise: $1.90Exp: 2021-04-01→ Common Stock (12,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-04-21−475,000→ 0 totalExercise: $1.75Exp: 2021-09-15→ Common Stock (475,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-04-21−400,000→ 0 totalExercise: $1.75Exp: 2022-11-26→ Common Stock (400,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-04-21−169,570→ 0 totalExercise: $3.40Exp: 2023-11-08→ Common Stock (169,570 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-04-21−220,109→ 0 totalExercise: $2.81Exp: 2024-08-14→ Common Stock (220,109 underlying)
Footnotes (12)
- [F1]By mutual agreement of the issuer and the reporting person, on April 21, 2015, in exchange for nominal consideration of $1.00 and no other value received, the issuer cancelled an option to purchase 50,000 shares of common stock. This Form 4 is being filed by the reporting person to report the cancellation of these options.
- [F10]These stock options were originally intended to vest in three installments on the anniversary of the grant date over a three-year period such that all options would be vested by November 8, 2016. 100% of these options have been cancelled as of April 21, 2015.
- [F11]By mutual agreement of the issuer and the reporting person, on April 21, 2015, in exchange for nominal consideration of $1.00 and no other value received, the issuer cancelled an option to purchase 220,109 shares of common stock. This Form 4 is being filed by the reporting person to report the cancellation of these options.
- [F12]These stock options were originally intended to vest in three installments on the anniversary of the grant date over a three-year period such that all options would be vested by August 14, 2017. 100% of these options have been cancelled as of April 21, 2015.
- [F2]These stock options were originally intended to vest in three installments on the anniversary of the grant date over a three-year period such that all options would be vested by February 11, 2014. 100% of these options have been cancelled as of April 21, 2015.
- [F3]By mutual agreement of the issuer and the reporting person, on April 21, 2015, in exchange for nominal consideration of $1.00 and no other value received, the issuer cancelled an option to purchase 12,000 shares of common stock. This Form 4 is being filed by the reporting person to report the cancellation of these options.
- [F4]These stock options were originally intended to vest in three installments on the anniversary of the grant date over a three-year period such that all options would be vested by April 1, 2014. 100% of these options have been cancelled as of April 21, 2015.
- [F5]By mutual agreement of the issuer and the reporting person, on April 21, 2015, in exchange for nominal consideration of $1.00 and no other value received, the issuer cancelled an option to purchase 475,000 shares of common stock. This Form 4 is being filed by the reporting person to report the cancellation of these options.
- [F6]These stock options were originally intended to vest in three installments on the anniversary of the grant date over a three-year period such that all options would be vested by September 15, 2014. 100% of these options have been cancelled as of April 21, 2015.
- [F7]By mutual agreement of the issuer and the reporting person, on April 21, 2015, in exchange for nominal consideration of $1.00 and no other value received, the issuer cancelled an option to purchase 400,000 shares of common stock. This Form 4 is being filed by the reporting person to report the cancellation of these options.
- [F8]These stock options were originally intended to vest in three installments on the anniversary of the grant date over a three-year period such that all options would be vested by November 26, 2015. 100% of these options have been cancelled as of April 21, 2015.
- [F9]By mutual agreement of the issuer and the reporting person, on April 21, 2015, in exchange for nominal consideration of $1.00 and no other value received, the issuer cancelled an option to purchase 169,570 shares of common stock. This Form 4 is being filed by the reporting person to report the cancellation of these options.
Documents
Issuer
Speed Commerce, Inc.
CIK 0000911650
Entity typeoperating
IncorporatedMN
Related Parties
1- filerCIK 0000911650
Filing Metadata
- Form type
- 4
- Filed
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 4:58 PM ET
- Size
- 19.1 KB