Akselrud Gregory 4
4 · Accelerize Inc. · Filed Jul 31, 2017
Insider Transaction Report
Form 4
Accelerize Inc.ACLZ
Akselrud Gregory
Director
Transactions
- Other
Common Stock
2017-07-28−105,995→ 37,241 total
Footnotes (1)
- [F1]The reported transaction reflects a pro rata transfer to the Reporting Person's partners in Stubbs Alderton & Markiles, LLP (the "Law Firm"). The Reporting Person is a partner in the Law Firm. While the Reporting Person receives the shares of Common Stock for service as a director, the Reporting Person holds such shares for the benefit of the Law Firm, and reserves the right to cause the shares to be transferred to the partners of the Law Firm in accordance with their pecuniary interests therein. The Issuer agreed to issue, as partial annual compensation for the Reporting Person's service as a director, 120,000 shares of the Common Stock of the Issuer, which shares vest in four equal quarterly installments commencing on July 1, 2017.