HAMBRECHT WILLIAM R 4
4 · SALON MEDIA GROUP INC · Filed Sep 8, 2017
Insider Transaction Report
Form 4
SALON MEDIA GROUP INCSLNM.OB
HAMBRECHT WILLIAM R
10% Owner
Transactions
- Award
Stock Option
2017-09-06+1,153,846→ 78,032,095 totalExercise: $0.13Exp: 2027-09-06→ Common Stock (1,153,846 underlying)
Footnotes (3)
- [F1]Stock option granted pursuant to Salon Media Group, Inc. 2014 Stock Plan, filed as an exhibit to Salon Media Group, Inc.'s Form 10-K filed on June 26, 2014.
- [F2]Mr. Hambrecht was granted an option to purchase up to 1,153,846 shares of Common stock on September 6, 2017, which vests as to 25% of the option shares one year from the date of grant and then ratably over the following 36 months (1/48 per month).
- [F3]In addition to the Option grant, Mr. Hambrecht owns 29,738,749 shares of Common Stock, 470,295 shares of Series A Mandatorily Convertible Preferred Stock that will convert into 47,029,500 shares of Common Stock, and 110,000 Employee Stock options granted in 2014.