Mazzarella Anthony P. 4
4 · Accelerize Inc. · Filed Nov 14, 2017
Insider Transaction Report
Form 4
Accelerize Inc.ACLZ
Mazzarella Anthony P.
Interim CFO
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2016-04-12−2,000,000→ 0 totalExercise: $0.50Exp: 2026-04-12→ Common Stock (2,000,000 underlying) - Award
Warrant to purchase Common Stock
2017-11-09+2,000,000→ 2,000,000 totalExercise: $0.50Exp: 2022-11-09→ Common Stock (2,000,000 underlying)
Footnotes (3)
- [F1]The option provided for vesting in twelve equal quarterly installments commencing on April 1, 2016.
- [F2]The option was cancelled by mutual agreement of the reporting person and Accelerize Inc. In exchange, the reporting person was granted a warrant for 2,000,000 shares of common stock having an exercise price of $0.50 per share.
- [F3]58.33% of the shares of common stock issuable upon exercise of the warrant were vested on October 1, 2017. The warrant vests thereafter in 5 equal quarterly installments.