TOWERSTREAM CORP 4
4 · TOWERSTREAM CORP · Filed Apr 28, 2015
Insider Transaction Report
Form 4
TOWERSTREAM CORPTWER
Urso Philip
Director10% OwnerOther
Transactions
- Exercise of In-Money
Non-Qualified Stock Option
2015-04-24−78,837→ 78,837 totalExercise: $1.43From: 2005-04-29Exp: 2015-04-28→ Common Stock (78,837 underlying) - Exercise of In-Money
Common Stock, par value $0.001 per share
2015-04-24+24,636→ 1,358,890 total
Footnotes (3)
- [F1]These options were issued in April 2005 and due to expire in April 2015.
- [F2]24,636 shares were issued as result of a cashless exercise of a non-qualified stock option to purchase 78,837 shares of common stock. 54,201 shares were retained by the Company to fund the exercise.
- [F3]Excludes 103,886 shares of common stock held in trusts for the benefit of Mr.Urso's minor children, of which Mr. Urso is not a trustee. Mr. Urso disclaims beneficial ownership of the 103,886 shares held in trusts.