4//SEC Filing
Colhoun Trevor L 4
Accession 0001437749-17-015793
CIK 0001084332other
Filed
Sep 7, 8:00 PM ET
Accepted
Sep 8, 3:46 PM ET
Size
5.8 KB
Accession
0001437749-17-015793
Insider Transaction Report
Form 4
SALON MEDIA GROUP INCSLNM.OB
Colhoun Trevor L
Director10% Owner
Transactions
- Award
Stock Options
2017-09-06+1,153,846→ 1,153,846 totalExercise: $0.13Exp: 2027-09-06→ Common Stock (1,153,846 underlying)
Footnotes (3)
- [F1]Stock options granted pursuant to Salon Media Group, Inc. 2014 Stock Plan, filed as an exhibit to Salon Media Group, Inc.'s Form 10-K on June 26, 2014.
- [F2]Mr. Colhoun was granted an option to purchase up to 1,153,846 shares of Common Stock on September 6, 2017. 25% of the option shares become exercisable one year from the date Mr. Colhoun's board service began, and then ratably over the following 36 months (1/48 per month).
- [F3]Mr. Colhoun is Managing Partner at Spear Point Capital Management, LLC, which owns 443,203 shares of Series A Mandatorily Convertible Stock, which converts into 44,320,300 shares of Common Stock.
Documents
Issuer
SALON MEDIA GROUP INC
CIK 0001084332
Entity typeother
Related Parties
1- filerCIK 0001696890
Filing Metadata
- Form type
- 4
- Filed
- Sep 7, 8:00 PM ET
- Accepted
- Sep 8, 3:46 PM ET
- Size
- 5.8 KB