TOWERSTREAM CORP 4
4 · TOWERSTREAM CORP · Filed Aug 23, 2016
Insider Transaction Report
Form 4
TOWERSTREAM CORPTWER
Urso Philip
Director10% OwnerOther
Transactions
- Award
Stock Options
2016-08-19+206,000→ 229,031 totalExercise: $2.25Exp: 2026-08-18→ Common Stock (206,000 underlying) - Award
Stock Options
2016-07-29+500→ 23,031 totalExercise: $2.50From: 2016-07-29Exp: 2026-07-28→ Common Stock (500 underlying)
Footnotes (2)
- [F1]These options were granted under the registrant's 2007 Incentive Stock Plan as part of the terms of Mr. Urso's compensation for his service as Interim Chief Executive Officer. The options were fully vested on the date of grant.
- [F2]Options granted under registrant's 2016 Equity Incentive Plan. The options vest quarterly over a one year period commencing on the grant date. The option grant is subject to shareholder approval prior to the one year anniversary of the grant date.